Restaurant and Bar for Sale Auckland

Massive Tavern City Fringe

Business for Sale Description

Restaurant and Bar for Sale Auckland

This is a rare opportunity to own a massive hospitality business in a prime city fringe location. With space for over 500 guests, this business is a machine, currently running under management and achieving sales of $1.8 million plus per annum with virtually no promotion or marketing. There is genuine potential to create a multi million dollar operation here.

With live music pool competitions and comedy night the business pumps and is hugely popular with the local businesses and nearby residents alike There is a good food and beverage split in sales and high gross margins driven by an extensive range of tap beers.

The business is comfortably achieving sales in excess of $36,000 per week was huge scope to improve.

Big, big space with quality fit-out

Multi-million-dollar potential

Chattels value $1m +

Strong tap beer sales

Ripe for a re-brand

Premium retail location

Very Keenly Priced Asking Just $500k

Reference: EL01846