Poco Loco Restaurant & Bar. Under Full ManagementListing: #EL02878
About this Business for sale in Auckland SurroundsPoco Loco Restaurant & Bar. Under Full Management
We are delighted to bring to the market Poco Loco Restaurant!
Established in 2004, Poco Loco is situated in one of Auckland’s most rapidly developing outer suburbs, the Pukekohe, and Franklin region.
The business is positioned perfectly on Pukekohe’s Queen Street, just outside one of the busiest intersections in town. It sits in the very conveniently spaced shopping and hospitality area of Pukekohe, providing plenty of foot-traffic.
The Spanish & Mediterranean inspired atmosphere combined with a tapas-styled menu has resulted in a truly vibrant setting. Currently trading 6 evenings, Tuesday – Sunday 5:00pm – 10.30pm.
Operating successfully for almost 17 years and only open for at-most, 33 hours per week. This resilient hospitality business must be doing something right!
The commercial sized kitchen comes equipped with all the premium bells and whistles to run whatever menu or quantity your heart desires. All these chattels are entirely owned by the vendor and are included with the business purchase.
The business is currently fully managed, therefore there is a fantastic opportunity for an owner-operator or couple to come in and reduce costs and drive sales up even further. However, if you decided to keep it fully managed, there is a highly competent team currently in place.
- Licensed for over 100 guests
- Commercial size kitchen (Currently not used to its full potential)
- Premium grade kitchen equipment, all owned in full and included in the sale.
- Secure & affordable lease until 2028
- Full on-site Liquor License
- Currently fully managed
- Very capable of achieving further profitability to a working owner!
- Scope to extend opening hours
- Suburb fit-out and great location
PRICE UPON APPLICATION
CLICK ENQUIRE NOW to complete the Confidentiality Agreement. Once we have this and your details, we will contact you to discuss further information about the BUSINESS INVESTMENT.
***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.
+64 9 555 6029
+64 21 943 844
*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.