Restaurant & Events Superstar. Matakana Area

Auckland City

$995,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c275sp



Exceptional venue in this wonderful location just north of Auckland.

This is a well-run business with sales of over $40,000 per week on average.

The large traditional dining restaurant is open 3 days a week and focuses on functions, conferences and midweek weddings throughout the rest of the week. The separate and very popular restaurant next door offers a modern, contemporary menu 7 days a week.

The Matakana region is an area of very strong growth and is very much a high income catchment area. Whilst there is some seasonality in the business, that great mix of restaurant, bar and events means that it remains solid throughout the year.Excellent food and beverage splitSpectacular settings and beautiful set upSales in excess of $40,000 per weekFabulous wedding venueAdvanced wedding and group bookingsOnsite two bedroom, two bathroom apartmentNicely profitableYear-on-year growth and huge opportunity for continued growth

A working owner should make around $310,000 on current trading and the business is priced well.

Asking $995,000 plus stock

Reference: EL01148
Ref: EL01148
Timestamp: 20181016054515

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