Massive Tavern City Fringe

Auckland City

$500,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c43fkm



This is a rare opportunity to own a massive hospitality business in a prime city fringe location. With space for over 500 guests, this business is a machine, currently running under management and achieving sales of $1.8 million plus per annum with virtually no promotion or marketing. There is genuine potential to create a multi million dollar operation here.

With live music pool competitions and comedy night the business pumps and is hugely popular with the local businesses and nearby residents alike There is a good food and beverage split in sales and high gross margins driven by an extensive range of tap beers.

The business is comfortably achieving sales in excess of $36,000 per week was huge scope to improve.Big, big space with quality fit-outMulti-million-dollar potentialChattels value $1m +Strong tap beer salesRipe for a re-brandPremium retail location

Very Keenly Priced Asking Just $500k

Reference: EL01846
Ref: EL01846
Timestamp: 20190221054529

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