Ad ID: 71870

Bar and Restaurant for Sale Auckland Central

Hospitality Cash Cow - Managed Returns of $580,000+

Location:
Asking:
$2,100,000
+ Stock of $50,000
Turnover:
$3,400,000

Business for Sale Description

Bar and Restaurant for Sale Auckland Central

This award winning business that is the complete hospitality package.

Situated in Central Auckland, this fully managed beast runs like clockwork with great key staff and strong returns across multiple revenue streams including bar, restaurant, entertainment and corporate events. Be prepared to instantly fall in love with this place, courtesy of a jaw dropping fit out that rates amongst the best you will ever see.


Business Highlights

- 2018 sales of $3,400,000 (GST Excl)

- 2018 fully managed returns of 17%+

- No brewery contracts in place

- Long and secure lease through to 2031

- Future proofed investment with no major CAPEX required

- High tangible asset value


Opportunities like this seldom hit the market. Give James Ashwin the hospitality specialist a call today to discuss.

Asking Price: $2,100,000 + Stock of $50,000

Agency Reference: KA1585

Interested In This Opportunity?

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Kakapo Business Sales Ltd
For more info
Contact:

James Ashwin

James Ashwin
0211256898
Kakapo Business Sales
Licensed REAA 2008
Broker Ref: KA1585

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