Ad ID: 81318

Cafe and Bar for Sale East Auckland

East Auckland Bar $25k Weekly Sales

Location:
Asking:
$439,000

Business for Sale Description

Cafe and Bar for Sale East Auckland

Such a beautiful waterfront location! Run largely under management


Surplus to a working owner is $228,714!


The owner has a very genuine reason to sell and this business is priced WELL under the market at $399,000 plus stock.  He will take offers on that!


This easy operation has seating for around 150 inside and out. It offers simple but great food and is a real meeting place for locals and visitors alike.It has a great mix of food and alcohol sales and offers breakfast, lunch and dinner.


This area is undergoing massive residential growth and there is even a ferry connection to the CBD.


Very desirable East Auckland location

In an area with huge population growth

Strong lease in place

Weekly sales averaging $25,000 including GST

Sales have increased year on year since 2016

Good function destination for weddings and events too.

This business is semi-managed and a full-time working owner should look forward to a surplus of around $228,714 per annum here on current trading.


Exceptionally good buying.


Asking $399,000 plus stock


Reference: EL01419

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Link Business Broking Ltd
For more info
Contact:

Nick Giles

021 676 832
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL01419

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