East Auckland Café Bar Restaurant. $170,000 Profit!
About this business for sale in Auckland CityEast 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
+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.