Link Business

Restaurant & Events Superstar. Matakana Area

$1,150,000Auckland SurroundsListing: #EL01884

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$1,150,000


$350,000


$3,070,775


Auckland Surrounds businesses for sale 

Matakana

Food/Hospitality businesses for sale
Restaurant businesses for sale, Auckland Surrounds


About this business for sale in Auckland Surrounds

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.

 

Asking $1,150,000 plus stock

Reference: EL01884

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

Nick Giles

Enquire Now
Auckland - Ellerslie
michael.fokkens@linkbusiness.co.nz
+64 9 555 6010
+64 21 598 188

Michael Fokkens

*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.