East Auckland Café, Bar and Restaurant.
About this business for sale in Auckland CityEast Auckland Café, Bar and Restaurant.
Very rare to any hospitality businesses come up for sale in East Auckland and this is a good one!
This is a lovely place in a desirable location. The restaurant seats around 150 people inside and out in a covered patio area.
This is a very popular place for locals and also visitors to the area.
- 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.
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.
Asking $525,000 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.