Price
$540,000
Profit *
$161,000
Sales Revenue
$1,074,202
Location
Auckland Region, Auckland City
Category
Food/Hospitality, Restaurant
Listing #
EL01443
A very well-established Gastro Bar in a premium beach side suburb, this business ticks all the boxes. Weekly sales consistently exceed $25k and the plant and equipment are in absolutely first-class condition.
The décor is stunning – the interior having been recently renovated with no expense spared. There are a variety of spaces available for patrons to enjoy from cozy fireside couches for those cooler months to the popular deck looking over the park to the beach.
The beautiful bar is a popular feature of the business and a full range of tap beers, premium wines and cocktails are available. The menu is classic Gastro Bar fare featuring seafood, salads, ribs and burgers.with the sharing plates a particular favourite. The place is very popular with locals and in summer tourists flock to this gorgeous beach side location.
The Gastro Bar is a turn-key opportunity with everything in place to continue on the path to growth and future success. My vendors are Wellington bound and have reluctantly put their wonderful business on the market.
Act now, this will not last at this very realistic price.
Asking $540K
Reference: EL01443
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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