Ad ID: 101209

Major Hospitality Business for Sale North Shore Auckland

Major hospitality business - North Shore, Auckland

Location:
Asking:
Price by Negotiation

Business for Sale Description

Major Hospitality Business for Sale North Shore Auckland

This Deli, Bar and Restaurant is located in a trendy and thriving North Shore suburb. Incredibly positioned on a large corner site, this iconic hospitality venue has been well established as a deli, restaurant and bar for over 12 years. With ample customer parking, the property is surrounded by a mix of retail and idyllic blue chip coastal residential housing.

Post-COVID recovery continues to be strong with current weekly sale averages climbing back towards pre-COVID levels.

Currently one Working Owner but the business can be fully managed having all the systems and management team structure well embedded.

Business highlights include :

- High turnover

- Large surplus to owner

- 12 years of proven success

- Rent just 5% of sales

- 50:50 food / beverage split

- Very loyal local community patronage

- Strong lease through to 2033

- Great loyal staff in place

- All operations well systemised

Details of this business are strictly confidential.

Enquire now to express your interest and to complete a Confidentiality Agreement.

Or call either Matt Clifford 021 516 515 or Mike Peterson 021 066 6091.

Due to confidentiality a stock photo image has been used to represent this business.


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For more info
Contact: Matt Clifford

Matt Clifford

+6421 516 515
Bayleys Business Sales
Licensed REAA 2008
Broker Ref: 1692315

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