Ad ID: 60565 Inactive

Restaurant Bar for Sale Auckland

Ponsonby Restaurant Bar. Strong Liquor Sales!


Business for Sale Description

Restaurant Bar for Sale Auckland

This such a cool place! There has been a massive buzz about it both in magazines and online and it is a real social media hit.

The fit-out is uber chic and the layout is great. There is such a light feeling about the place with an easy flow from inside to a stunning covered outside space. The owners have done a wonderful job building a desirable dining and drinking destination in this always popular suburb.

The business is strong. Sales are over $20k per week and, with strong alcohol sales, the margins are excellent. Just 26% cost of sales, in fact!

Sales are in real growth mode. This has become THE place for corporate to have private functions. Last two weeks have seen functions for $26k and $37k!

A working owner should be able to achieve a surplus of $240,000 plus here. Currently it is fully managed.

Very desirable location

Amazing fit-out and feel to it

Superb margins

Strong lease in place

Massive social media presence

Very real opportunity for growth.

Exceptionally realistic asking price. This will not last long on the market.

Asking $465,000

Reference: EL00610

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