Ad ID: 74584

City Fringe Bar for Sale Auckland

Cash Cow Averaging $300K P.A - 6 Hours p/w

Location:
Asking:
$980,000

Business for Sale Description

City Fringe Bar for Sale Auckland


This Auckland city fringe pub has been a cash cow for the owner averaging a *$300K cash surplus for the past 5 years. Only requiring around *6 hours from the owner (one day per week) to do the payroll and invoicing, this managed operation is a rarity in the hospitality market.

Located in an affluent area and in a landmark building, this excellent establishment has enjoyed years of success benefiting from its prime location. The establishment has dining for over 50, plus pool tables, darts, function room, curb side dinning, sun soaked garden bar and courtyard balcony.

The business benefits from excellent systems and an experienced reliable team of around 16 full time and part time employees. The function room is *booked out most weekends and with repeat local customers, a consent flow of tourists and regular promotions, the business has a consistent year on year turnover and profits.

Unlike other hospitality businesses, the pub benefits from consistent clientel with little threat from new establishments due to the nature of the area and location. If you have been looking for the security of a highly successful, easy run business showing stability and consistent profits then enquire now.

Asking Price: $980,000 Including Plant and Stock.

*Source: Information supplied by the Business Owner.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2356, register your details and submit the online Confidentiality Agreement. Once Alan receives your expression of interest he will be in touch.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

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Barker Business Brokerage Ltd
For more info
Contact:

Alan Dufty

Alan Dufty
021 550 645 or 09 925 8774
Phone: Alan Dufty 021 550... or 09 925 8774
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: BBS2356

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