Link Business

Rare Waterfront Trophy

$1,900,000Auckland CityListing: #EL01097


Auckland City businesses for sale 


$1,900,000

Food/Hospitality businesses for sale
Restaurant businesses for sale, Auckland City
Refer to Broker


About this business for sale

Rare Waterfront Trophy

Rare Waterfront Trophy
 

This stunning restaurant and bar, occupies the very best position in Auckland’s Viaduct precinct.

Recent renovations and additions have seen turnover skyrocket, with annual sales in 2017 exceeding $4.2m.

The business enjoys multiple income streams, with seating for over 200 guests, on the edge of the sparkling Waitamata Harbour.

Summer is nearly here, and with the America’s Cup, and other major events planned for Auckland this is certainly a rare opportunity indeed.

The current owners have worked hard to build this business to a stellar level. They are now moving to their next project, giving a new owner a chance to reap the rewards.

  • Beverage sales $1.8m and climbing
  • Long lease available
  • Rental less than 5% of turnover!
  • Stunning waterfront location

Asking Price $1,900,000 plus stock.

Reference: EL01097

Auckland - Ellerslie
hamish.aitcheson@linkbusiness.co.nz
09 869 3820
021 779 018

*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.