An outstanding opportunity to acquire a well-established bar and restaurant in the heart of North-West Auckland, one of the city's fastest-growing corridors.
This highly regarded local venue has built a strong reputation for quality food, relaxed atmosphere, and consistent repeat trade. Positioned in a prominent, high-visibility location, the business benefits from a rapidly expanding residential catchment and steady customer flow.
Financial performance is a standout, with weekly revenue of $40k and SDE around $400,000. Occupancy costs are exceptionally low at just 4% of revenue, a rare advantage in today's hospitality market.
Currently trading six days, the business offers both strong profitability and lifestyle flexibility. There is clear upside through functions, events, and extended trading hours.
Business Highlights:
• Weekly Sales of circa $40k incl. GST
• SDE circa $400,000
• Rent of just $69,876 + GST per annum
• New lease to be given of 4+4+4
• 150 seating capacity
• Strong local following with repeat trade
• High-growth North-West Auckland location
This is a clean, well-run operation with no known issues, not a turnaround business, but a genuine opportunity to step into a high-performing business.
Price $1,200,000 + stock
This is a highly confidential listing. To receive further details, please complete a confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36528
“B.I.V. QUALIFIED” reflects ABC's preliminary assessment only. Buyers must seek independent advice. Visit abcbusiness.co.nz/legal-stuff/ for more details.