Price
$495,000 plus Stock
Profit *
$214,716
Sales Revenue
$1,116,230
Location
Auckland Region, Auckland Surrounds
Category
Food/Hospitality, Cafe Restaurant
Listing #
EL02691

The Parkhouse in Whenuapai really does have everything going for it. Three years ago, the landlord and vendor set out to fully restore this stunning old farmhouse into one of Auckland's most beautiful hospitality venues, and that they did! Today The Parkhouse is a thriving all-day eatery which caters not just to locals in the neighbourhood but also everyone driving through on their daily commute and city-goers who want to get out on the weekends, even though it's only a 20min drive!
The business is surrounded by one of Auckland's most significant housing developments, and one of the main drawcards here is the kid's playground and sizeable public reserve which all year round brings in an abundance of customers to the business.
An extremely versatile hospitality business as while the majority of its sales come through operating as a cafe seven days a week; they also open two nights a week for dinner and host private functions & weddings. It's easy to see how future sales will continue to increase here as Whenuapai continues to grow every year. Don't worry, though. We are not selling the business based on those future sales! The current sales and financials will quickly backup the very reasonable asking price.
The business is currently fully managed, therefore there is a fantastic opportunity for an owner-operator or couple to come in and reduce costs even further. However, if you decided to keep it fully managed, then please know that there is a highly competent team currently in place here.
Business Highlights
Asking Price – $495,000 plus stock
Call me today to have a confidential discussion –
Jeff Wiley
021 555 384
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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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