Link Business

The Coolest Little Bar on Waiheke

$310,000Auckland SurroundsListing: #EL01984

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Auckland Surrounds businesses for sale 


Food/Hospitality businesses for sale

About this business for sale in Auckland Surrounds

The Coolest Little Bar on Waiheke

This business is just so cool. Architecturally designed and with a totally bespoke fitout, there is nothing quite like it on Waiheke. The spaces are intimate and inviting with warm wood, subdued lighting and corten steel finishes. The location is nicely tucked away yet easily accessible, the bar is reminiscent of somewhere on the coast of Italy or France.

The business trades very well, particularly during the summer months and there is significant further opportunity for a new operator. Plans are in place to extend the deck to allow even further enjoyment of the stunning views.

 Revenue for the 2018 financial year was in excess of $311,000 excluding GST and costs are well controlled. By extending the opening hours one could expect to improve the bottom line appreciably. A full-time working owner could expect to make around $108,000 per annum here with current trading hours.

The kitchen is compact with a focus on efficiency and is equipped with excellent gear. The menu is simple but very popular with a delightful range of antipasti and salads and the wine list features some favourites from Italy and around New Zealand.

This is an awesome lifestyle opportunity on New Zealand’s ‘Island of Wine’. Act now!

  • $100,000 + for a working owner
  • Gorgeous seaside location on Waiheke
  • Trading just 5 days
  • Easily managed lifestyle business

Asking $310,000

Reference: EL01984

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