Beach Suburb Gastro Bar. Sales $1.25m and Growing!

Auckland City

$689,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c2rl2j

Beach Suburb Gastro Bar. Sales $1.25m and Growing!



On Auckland's favourite beach, this is a rare opportunity to acquire a thriving upmarket Gastro Bar and Restaurant close to the CBD.
Well established and nicely profitable. The de;cor has undergone a recent renovation and the 300 square meter premises presents in first class condition for over 100 people.
The owners have done an excellent job here and the business has seen strong and steady growth. Overall sales are up 22% on the same period last year and bar sales are up and impressive 49%!

There is a good lease in place and the rental is very reasonable for this spacious business in such a prime area.
- Seaside location turnover in excess of $1.25m (inc GST)
- Beautiful fit out with great ambience
- High beverage sales means great margins!
- Exceptional opportunity
- In growth mode
This is the perfect time to buy in to this vibrant suburb. The owners have done the hard yards improving sales here and a unique opportunity presents itself for a smart new operator to keep that growth going.
Do not miss out on this one!
Asking $689,000

Reference: EL01443
Ref: EL01443
Timestamp: 20181218054522

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