Link Business

CBD Waterfront Restaurant Bar. Wynyard Quarter!

$599,000Auckland CityListing: #EL01224


$599,000


Refer to Broker


$1,208,441


Auckland City businesses for sale 

Auckland

Food/Hospitality businesses for sale


About this business for sale in Auckland City

CBD Waterfront Restaurant Bar. Wynyard Quarter!

Wynyard Quarter is such an important part of the Auckland Hospitality scene and no more so than with the exciting announcements around the America’s Cup!

The key to this fabulous business is that super solid lease running to 2031! Very rare for this area.

The restaurant bar itself has a wonderful set up and occupies a space of approximately 212m². There is a strong staff component in place and this place is a social media darling with a huge following! It has a wonderful feel to it and a high very quality fit-out.

  • Lease to 2031
  • Great fit-out
  • Strong brand that you can leverage for future growth
  • Premium location in one of Auckland’s most important dining precincts
  • Huge social media presence
  • Sales over $35,000 per week on average
  • Very genuine growth potential here

It is a simple formula with a good alcohol / food sales mix and great potential margins.

There is massive ongoing development in Wynyard Quarter with a new 5 star hotel and hundreds of new apartments. Oh, and don’t forget that little event called America’s Cup just around the corner!

It really is an exciting time to own a premium business in this area with massive infrastructure development going on. Eventually this area will be home to 3,000 residents and 25,000 workers!

 

Asking just $599,000 plus stock.

Reference: ​EL01224

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

Nick Giles

*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.