Link Business

Restaurant & Events Superstar. Matakana Area

Listing: #EL01884
price

$1,150,000

Profit

$350,000

sales

$3,070,775

industry

Rodney

Industry

Food / Hospitality


Hamish Aitcheson

Broker | Auckland - Ellerslie

Hamish Aitcheson

hamish.aitcheson@linkbusiness.co.nz

+64 9 869 3820

+64 21 779 018


About this Business for sale in Rodney

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 $52,000 per week on average and is growing nicely! Sales are up over 13% on the previous year and we still have a bumper summer coming with plenty of weddings and functions locked and loaded.  

If you are looking for a solid business with multiple income streams and with still a heap of room for growth – this one is very special!

This calendar year this place will have hosted 50+ weddings! There are 40 advance bookings already for the coming seasons!

The main restaurant is open just 3 days a week when there are no weddings and there is a separate second venue that serves trend setting food that remains open 7 days per 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, weddings 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 $52,000 per week and growing
  • 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 well in excess of $350,000 on current trading.

 

To find out more, go to linkbusiness.co.nz/EL01884 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

Hamish Aitcheson, 021 779 018, hamish.aitcheson@linkbusiness.co.nz

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#eatery #restaurant #matakana

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Auckland - Ellerslie
hamish.aitcheson@linkbusiness.co.nz
+64 9 869 3820
+64 21 779 018
Enquire Now

*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.