Link Business

East Auckland Café Bar Restaurant. $170,000 Profit!

$490,000Auckland CityListing: #EL01419


$490,000


$170,000


$1,073,000


Auckland City businesses for sale 

Auckland

Food/Hospitality businesses for sale


About this business for sale in Auckland City

East Auckland Café Bar Restaurant. $170,000 Profit!

Gorgeous waterfront location! Run largely under management

Very rare to any hospitality businesses come up for sale in East Auckland and this is a good one!

The restaurant seats around 150 people inside and out in a covered patio area. This is truly a beautiful location and in an area of large growth.

This place offers simple but good food and is a real meeting place for locals and visitors alike.

  • Desirable East Auckland location
  • In an area with huge population growth
  • Strong lease in place
  • Weekly sales averaging $23,000 including GST
  • Good function destination for weddings and events too.

This business is semi-managed and a full-time working owner should look forward to a surplus of around $170,000 per annum here on current trading.

Exceptionally good buying.

 

Asking $490,000 plus stock

Reference: EL01419

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.