Ad ID: 67074 Inactive

Hospitality for Sale Auckland Surrounds

Weddings, Functions and Restaurant Superstar!


Business for Sale Description

Hospitality for Sale Auckland Surrounds

Disclaimer: please note for confidentiality purposes this business has been listed under the LINK office address. Further details on this business' location will be provided on application.

A simply superb venue just north of Auckland

This fabulous venue is located in an area north of Auckland with major growth and is very much in a high income catchment area.

All the hard work here has been done and it is ready for a new owner to continue the impressive growth it has experienced over the last few year.

Sales are in excess of $2.3m per annum and there are plenty of forward booing in place. In fact, 45 weddings are already booked in for the coming year!

The premises is deeply impressive with great separation between the different business areas. The owners have invested significantly and it shows.

Excellent food and beverage split

Sales in excess of $45,000 per week

Fabulous wedding venue

Advanced wedding and group bookings

Income streams from restaurant, bar, weddings and functions

Onsite two bedroom, two bathroom apartment

Rent around 7% of sales

Nicely profitable

Year-on-year growth and huge opportunity for continued growth

If you are a dynamic individual capable of handling a multi-income stream hospitality business, this is exceptional buying and a truly desirable location.

 Asking $1.29m plus stock

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