The Stables Matakana. Iconic Hospitality Business.
About this business for sale in Auckland SurroundsThe Stables Matakana. Iconic Hospitality Business.
Just an exceptional venue in this wonderful location just north of Auckland.
The hard work has very much been done here creating a special dining, drinking and events destination.
- Excellent food and beverage split
- Sales in excess of $45,000 per week
- Fabulous wedding venue
- Advanced wedding and group bookings
- Income streams from restaurant, bar, weddings and functions
- Onsite two bedroom, two bathroom apartment
- Rent around 7% of sales
- Nicely profitable
- Year-on-year growth and huge opportunity for continued growth
The Matakana area is an area of very strong growth and is very much a high income catchment area.
If you are a dynamic individual capable of handling a multi-income stream hospitality business this is exceptional buying and a truly desirable location.
Asking $1.29m plus stock
+64 9 555 6039
+64 21 676 832
*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.