Ad ID: 79517 Inactive

Tavern and Bar for Sale East Auckland

Superb East Auckland Tavern with No Competition

Location:
Asking:
$449,000
+ Stock
Turnover:
$1,092,000

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

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