Link Business
*** SOLD ***

Auckland Hospitality Giant. Sales $3.2m. EBITDA $550k

Listing: #EL02845

Nick Giles

Broker | Auckland - Ellerslie

Nick Giles

nick.giles@linkbusiness.co.nz

+64 9 555 6039

+64 21 676 832

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Auckland Surrounds

Auckland Hospitality Giant. Sales $3.2m. EBITDA $550k


One of the most attractive hospitality listings around and at a spectacular price.

This is a super solid performer. It has achieved sales of $3m+ year after year after year.

If ever there was a bullet-proof hospitality business – this is it. The location and sheer aura of this place ensures that competitors need not apply for a space in this upmarket suburb!

BUSINESS HIGHLIGHTS

  • Sales over $60k per week
  • Food : beverage split almost 50:50
  • Rent is UNDER 5% of sales
  • Over 12 years of success
  • Strong lease in place to 2033
  • Stellar reputation

Operationally, this business is fully managed with a very talented team in place.  The current owner oversees things from a business perspective. The systems and processes are all nicely bedded-in.

WHO WILL BUY THIS DIAMOND?

You may already be in the hospitality business and looking for a strong performing ‘add on’ to your portfolio.  You may be someone new to the business and looking to own an enviable and lucrative cafe, bar, restaurant. You may be someone who wants to oversee the business end and allow the talented staff to run the show.

This one is just superbly priced for this level of business and will go quickly.

Contact me for a highly confidential chat and I will be happy to tell you more.

Price $1.55m plus stock
 

To find out more, go to linkbusiness.co.nz/EL02845 and press the “Enquire Now” button to complete an online confidentiality agreement.

Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz

 

***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.

#hospitality #restaurant #wesellbusinesses #auckland #fullymanaged

 

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

Nick Giles

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.