East Auckland Bar $25k Weekly Sales

Auckland City

$399,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c5502p



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 locationIn an area with huge population growthStrong lease in placeWeekly sales averaging $25,000 including GSTSales have increased year on year since 2016Good 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
Ref: EL01419
Timestamp: 20190817064549

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