Link Business
*** SOLD ***

Devonport Super Site. Restaurant Café Bar Stunner

Listing: #19197
price

$470,000

Profit

Refer to Broker

industry

North Shore City

Industry

Food / Hospitality


Nick Giles

Broker | Auckland - Ellerslie

Nick Giles

nick.giles@linkbusiness.co.nz

+64 9 555 6039

+64 21 676 832

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in North Shore City

Devonport Super Site. Restaurant Café Bar Stunner
Number One Bistro (formerly Mecca Devonport) occupies a truly enviable position within the splendid Esplanade Hotel. Run by the same person for the last 15 years, this is one of Devonport’s iconic destinations. The premises are hugely impressive with over 360m2 of space, various seating options and a wonderful rear courtyard. There is seating for 100 inside and 40+ out. The fit out, in general, is of a very high standard but the premises lends itself to a fresh approach and fresh direction. There are 2 cool rooms, an impressive kitchen, an impressive fireplace, plenty of storage and a separate bar area. This is being sold as a going concern and the business continues to be reasonably successful. There is seasonality, of course, but the business returns a useful profit to the owner. It is unlikely, however, that you will take over this rare opportunity with a view to keeping things as they are. The premises is capable of achieving so much more! Perhaps you want a fabulous site for a gastro bar, a themed tavern, a top restaurant, or a more relaxed café bistro with evening dining. This site is capable of them all. There are even beer tanks in the basement visible through a glass floor! Micro and craft beer brewery anyone? There is no way that you could bring a site to this level of readiness and fit out for this sort of money. Period. This represents a simply fantastic opportunity for a smart hospitality person to create something really very special. Call me now to view and do not miss this one.
Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.