Link Business

Popular Pub with 18 Gaming Machines and TAB (Tavern). Cash Surplus $387,000! Must Sell!

Listing: #EL02817

Riyaz Nathani

Broker | Auckland - Ellerslie

Riyaz Nathani

riyaz.nathani@linkbusiness.co.nz

+64 9 579 9226

+64 21 0876 4069


About this Business for sale in Auckland Surrounds

Popular Pub with 18 Gaming Machines and TAB (Tavern). Cash Surplus $387,000! Must Sell!

 

You are looking at very profitable and booming industry. If you are looking for a well established Local Pub with 18 Gaming Machines and TAB in North Auckland, then your search ends now!

FEATURES & VENUES OF INCOME:

With 18 gaming machines, a large volume of bar sales, a full-fledged restaurant on premises, TAB, ATM machine and More.

A working owner can make over $387k per annum.

POTENTIAL FOR GROWTH:

The business is currently 100% staff managed with very minimum involvement from the owners and an owner operator can be a game changer.

SUMMARY:

  • Bar Turnover of $36,000 Including GST per week and has the potential to increase bar sales again with an owner-operator and local marketing
  • Ongoing Commission from 18 Gaming Machine, TAB and ATM machine
  • Rent is $4,600 Including GST per week, which is unbelievably reasonable for the size of the premises.
  • FULLY SELF MANAGED, with minimum involvement from the owners.
  • Opening hours: Mon: 11am-9pm, Tue-Wed: 11am-10pm, Thu-Sat: 11am-12am, Sun: 11am-9pm
  • Long secure lease term.

Asking price: $1,295,000 + SAV 

So if you feel this is for you, contact

 

Riyaz Nathani,  021 0876 4069, riyaz.nathani@linkbusiness.co.nz

 

To find out more, go to linkbusiness.co.nz/EL02817 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

***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.

#TAB #restaurant #northauckland

SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid?
Register for our Buy a Business Seminar. https://go.linkbusiness.co.nz/seminars/

Auckland - Ellerslie
riyaz.nathani@linkbusiness.co.nz
+64 9 579 9226
+64 21 0876 4069

Riyaz Nathani

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.