About this Business for sale in North Shore City

Situated on the frontline of one of the North Shore's top waterfronts with fantastic views and excellent decor to suit.

Fully licensed premises with a coverage of up to 150 people. Alongside an exquisite menu, the bar caters for ice-cream from the world's leading brand with an onsite mini parlour.

Extensively marketed but under-nourished with an opportunity for immense growth with an owner operator or a hospitality enthusiast to thrive in this beautiful location. Potential to hire venue for weddings, parties, etc.

Great quality chattels with dining fit-out to suit all events. Chattel Value Exceeds $900,000 alone! 

Facts & Figures:

  • Annual revenue is approximately $720,000 with 70% gross margins
  • Lease until 2027 with extendable terms
  • Full staff managed – No owner involvement
  • Licensed until 11pm 7 days
  • Plenty of customer parking around premises

Business is selling at one third of fit out cost – Opportunity calls!

ASKING PRICE: $395,000 + Stock (~$5,000)

Please contact 'Team A' for further information on the business;

Anil Vazirani on DDI. 09 525 2645 (OR) MOB: 021 0277 8149

(OR)

Ron Vazirani on DDI: 09 555 6036 (OR) MOB: 021 294 2978

To find out more, go to linkbusiness.co.nz/EL02553 and press the “Enquire Now” button to complete an online confidentiality agreement.

Anil Vazirani, 021 0277 8149, anil.vazirani@linkbusiness.co.nz
Ron Vazirani, 021 294 2978, ron.vazirani@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#wesellbusinesses #buyajob #bar #restaurant

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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.

Listing: #EL02553
Profit*: Refer to broker
Sales Revenue: $720,000
Auckland Region, North Shore City
Food/Hospitality, Bars/Nightclubs
*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.

*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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