Restaurant & Events Superstar. Matakana Area
About this business for sale in Auckland SurroundsRestaurant & Events Superstar. Matakana Area
Exceptional venue in this wonderful location just north of Auckland.
This is a well-run business with sales of over $40,000 per week on average.
The large traditional dining restaurant is open 3 days a week and focuses on functions, conferences and midweek weddings throughout the rest of the week. The separate and very popular restaurant next door offers a modern, contemporary menu 7 days a week.
The Matakana region is an area of very strong growth and is very much a high income catchment area. Whilst there is some seasonality in the business, that great mix of restaurant, bar and events means that it remains solid throughout the year.
- Excellent food and beverage split
- Spectacular settings and beautiful set up
- Sales in excess of $40,000 per week
- Fabulous wedding venue
- Advanced wedding and group bookings
- Onsite two bedroom, two bathroom apartment
- Nicely profitable
- Year-on-year growth and huge opportunity for continued growth
A working owner should make around $310,000 on current trading and the business is priced well.
Asking $995,000 plus stock
+64 9 555 6039
+64 21 676 832
*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.