Sports & Gaming Bar - Cash Cow - Rare Opportunity
Refer to Broker
About this business for saleSports & Gaming Bar - Cash Cow - Rare Opportunity
If you are looking for a well established gaming and sports bar in Auckland, end your search now!
Gaming bars are hard to come by in Auckland and one with a significant gaming turnover and a high growth potential makes this opportunity a cash-cow in the making.
- Gaming machine turnover of $17,000 to $18,000 (16% gross profit) per week and bar turnover of $4000 (50% gross profit) per week (bar used to do $7000 to $8000 per week and has the potential to reach these sales again with an owner-operator and local marketing)
- Rent is $923 + GST per week, which is very reasonable for the size of the premises
- FULLY SELF MANAGED
- Opening hours: Sun-Tue 10am-8pm, Wed 10am-12am, Thu-Sat 10am-1pm
- Long secure lease term.
Asking price: $195,000 + SAV
So if you feel this is for you, contact the A-team:
Anil Vazirani - DDI: (09) 525 2-6-4-5 (525 A-N-I-L) or MOB: 021 0277 8149
Ron Vazirani - DDI: (09) 555 6036 or MOB: 021 294 2978
Note: For more detailed information, including financial statements, lease documents, GST returns etc. please refer back to the broker.
+64 9 555 6020
+64 21 0277 8149
*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.