Link Business

Mikano Restaurant For Sale! Simply an Auckland Icon.

Listing: #EL02210

Nick Giles

Broker | Auckland - Ellerslie

Nick Giles

nick.giles@linkbusiness.co.nz

+64 9 555 6039

+64 21 676 832


About this Business for sale in Auckland Surrounds

Mikano Restaurant For Sale! Simply an Auckland Icon.

Very hard to beat this location or view. Mikano has been here for over 25 years and has always been a favourite destination restaurant for many Aucklanders.

It is an ‘experience’ going to dinner here with its massive panoramic glass walls overlooking the Waitemata Harbour and all the excitement of the helicopter services right outside.

  • Huge kitchen and storage facilities
  • An absolute Auckland icon
  • Fabulous bar area (Tavern Licence to 3am!)
  • Solid performer over the years

The business enjoys sales of over $1.5m over annum and is nicely profitable with a well-controlled cost structure. There is a solid team in place and key staff have extensive experience at this restaurant.

A new owner can look forward to a good number of confirmed forward group bookings.

This represents a fabulous opportunity for either an existing Hospitality professional to expand their portfolio or for a new And dynamic owner to stamp their mark in this stunning restaurant.

Mikano is exceptionally well priced and the owner has genuine reasons for a sale after 5 years here.

 

Asking $895,000 plus stock

 

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

Nick Giles

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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.