Link Business

Restaurant & Events Superstar. Matakana Area

$995,000Auckland SurroundsListing: #EL01148

About this business for sale in Auckland Surrounds

Restaurant & 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

Reference: EL01148

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

Auckland - Ellerslie
michael.fokkens@linkbusiness.co.nz
+64 9 555 6010
+64 21 598 188

Michael Fokkens

*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.