Restaurant/Bar with 18 Gaming Machines
About this business for sale in Auckland CityRestaurant/Bar with 18 Gaming Machines
Nicely positioned in one of Auckland’s favourite leafy seaside suburbs, this popular bar and restaurant has traded successfully for over 30 years.
A short stroll to the beach and park, the position captures the morning sun and enjoys great foot traffic.
There are steady split income streams available here. The bar enjoys healthy trade and the food offer is popular with a simple menu to appeal to locals and tourists alike.
There is also a private gaming room with 18 machines generating good additional income for the owner.
Sales are strong, averaging around $15,300 per week (including gst) and wages and cost-of-goods well controlled.
A working owner can expect a surplus of around $180k here.
Invest now and reap the rewards of a busy summer season on the horizion
Asking Price: $680,000 plus stock
+64 9 869 3820
+64 21 779 018
*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.