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Gastro Bar. Well established and in a Desirable Location

$599,000Auckland CityListing: #EL01963

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About this business for sale in Auckland City

Gastro Bar. Well established and in a Desirable Location

This is a wonderful bar / eatery with a great reputation that is well-established, well-run and well-presented.

Sales are over $28,000 per week and there is a surplus to a working owner here of around $200,000 per annum.

This place is a real ‘local’ enjoying strong custom from both regular customers and also serving as a great meeting place, such is its desirable location in a central Auckland suburb. The fit out is well conceived and the bar serves a great selection of wine, beer, and spirits. This is an unpretentious place but with a distinct air of quality that is shown both in the level of service and standard of food it serves.

  • Great reputation and well-known
  • Unpretentious but quality fit out
  • Well-established with great systems in place
  • Quality food and beverage offering
  • Beverages account for around 75% to 80% of sales

This is one where you will need very solid experience in running or owning similar establishments.  The Landlord will insist on this.

Asking $599,000 plus stock

Reference: EL01963

Auckland - Ellerslie
+64 9 869 3820
+64 21 779 018
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Auckland - Ellerslie
+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.