Fisher House & The Brook Bar and Kitchen

Auckland City

$900,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c4xb9m

Two stunning venues that both have their own personality and clientele but together create a solid hospitality offering for a new owner to continue building on.

Both venues have visual appeal and are in iconic locations in the growing East Auckland area.

A heritage restaurant that offers breakfast, lunch, and dinner,7 days. This is a popular destination for weekend brunch with friends and family and the perfect venue for functions, celebrations, and corporate events. Having separate rooms and areas across the venue provides the opportunity to manage more than one event on the same day.

A casual bar and bistro with a first class fit out and masses of appeal. Attracting customers from the many businesses located in the immediate vicinity for lunch and after work dinner and drinks. Open 5 days from 10am to 10pm, and available for private functions at the weekends

Both venues are fully managed with a team of professional staff and a working owner that oversees the day to day management of both businesses.

The combined revenue for the 9-month period April 1st, 2018 - 31st December 2018 was over $1,900,000 excl. GST. Both sites have a secure lease and reasonable rent for their size and location and with plenty of building and housing growth in the immediate area, there is an expectation for an increase in business.

A new owner will have comfort with the understanding that both venues can work together and complement each other whilst taking the monopoly share from the limited hospitality venues in this area.

If you're looking to buy a hospitality superstar in a growing East Auckland location, give Lindsey a call - 021 0837 3987 to discuss this excellent opportunity.

Price $900,000 + estimated stock value $42,000
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