Link Business

Wonderful Waiheke Gem

$750,000Auckland CityListing: #EL01044

About this business for sale in Auckland City

Wonderful Waiheke Gem

Superb business and premises
 

Vino Vino is probably the most established restaurant on Waiheke. Trading for more than a decade, the business allows an owner to take 2 months a year off and still enjoy substantial earnings. The location is arguably the best in Oneroa with an expansive deck that cantilevers out towards the bay. The views are quite simply stunning.The restaurants  interior is cosy and inviting during the cooler months and the kitchen fit-out is of the highest standard.

Recent additions include a large new coolroom and freezer along with a cavernous storage area for wine and dry-goods.

Sales average over $25k per week for the year so seasonal fluctuations experienced by many Waiheke businesses are not a concern. Increasingly, the island is a year-round destination for hordes of tourists and the restaurant is brilliantly located to capitalize on this.

This is an established and successful business from which the current owners are looking to retire.

  • Kitchen is equipped to the highest level – a chef’s dream.
  • There is masses of storage for both fresh and frozen goods
  • Long lease and very reasonable rent
  • Substantial income for a working owner
  • Brilliant lifestyle opportunity!

Asking price is $750,000

Reference: EL01044

Auckland - Ellerslie
hamish.aitcheson@linkbusiness.co.nz
+64 9 869 3820
+64 21 779 018

*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.