Tavern and Bar for Sale East Auckland
Superb East Auckland Tavern with No Competition
Business for Sale Description
Tavern and Bar for Sale East Auckland
This absolutely stunning East Auckland gastro-bar is a recipe for success.
Situated on a sunny, high traffic corner with loads of car parking and no competition, thanks to holding the only tavern licence in this affluent location. Strong weekly sales of $21,000 incl GST with big potential to increase thanks to a large housing development underway only 250m away.
Business Highlights
- Strong weekly sales average of $21,000+
- Great annual rental of $62,000+GST or 6.7% of turnover
- $500,000+ spent on an amazing rebuild/rebrand in 2016
- Rock solid lease in place
- Favourable brewery agreement with Lion Breweries
- Large amount of car parking right outside
- Beautiful 2 bedroom apartment upstairs available at $400 per week (subject to landlord approval)
Opportunities like this seldom hit the market. Give James Ashwin the hospitality specialist a call today on (021)125-6898 to discuss.
Asking Price: $449,000 + Stock of $20,000
Agency reference #: KA1662