Bar & Function Centre - 6 months EBITD: $91,000
About this business for sale inBar & Function Centre - 6 months EBITD: $91,000
This fully refurbished bar situated in one of Auckland's high end suburbs has grown to be quite popular in the area.
A fully licensed premises until 3am, a pool table, dance floor and DJ area, commercial kitchen and much more.
- Weekly T/O of $6000 on average with sales reaching $12,000 during weeks with social nights (large potential to grow bar sales).
- 2 Year ROI
- Very reasonable rent of $995 Per Week including GST
- Long lease in place
- Chef in place from Thu-Sat whereas Tue, Wed, Sun catering only quick service food (QSF)
- Closed on Monday - 6 day operation.
- Very spacious floor area with 50-60 seats inside and 10-15 seats outdoor.
Great opportunity for an owner operator or a potential to be run entirely staff-managed.
Asking Price: $180,000
For more information, pick up the phone and call The : "A Team."
Ron Vazirani on DDI: (09) 555 6036 or MOB: 021 294 2978.
Anil Vazirani on DDI: (09) 525 (A-N-I-L) 2-6-4-5 or MOB: 021 0277 8149
+64 9 579 9226
+64 21 294 2978
*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.