One of Auckland's most well-known bars, Doolan Brothers Newmarket, is up for grabs.
The pub at 414 Khyber Pass Road, which is and a home to countless stag nights and hen parties, is Newmarket's biggest - and is licensed to serve up to 500 people.
It is being sold as a going concern by Good Spirits Hospitality, which also owns the Doolan bars in Ellerslie and at the Viaduct, as well as Citizen Park in Kingsland, O’Hagan’s in The Viaduct, and the Cav’ in Ponsonby.
Doolan Brothers Newmarket started serving in the 2000s, and was part of a consortium of bars operating under the Cock & Bull moniker.
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The inside is based on an Irish/English-style pub while the venue’s outdoor deck area was designed to replicate the famous Raffles Hotel in Singapore.
Bayleys agents Carolyn Hanson and Mike Peterson, who are marketing the business, said Doolans was popular with younger crowds during the weekends and regularly hosted DJs and live bands as well quiz nights.
“Any new owner of business will have three months after purchase settlement to rebrand Doolan Brothers under a new name. It could be operated either as a stand-alone entity continuing the Irish/English pub theme, or could just as easily be integrated into a bigger corporate-ownership model,” Ms Hanson said.
The Doolan Brothers Newmarket business has a lease on the Khyber Pass Road premises through to 2031 – paying annual rental of $342,222 plus GST per annum – and employs 11 full-time staff and a further five front of house and three kitchen personnel on part-time contracts. The venue is opens from 8am to 11pm seven days a week.
Mr Peterson said Doolan Brothers Newmarket had a strong reputation as a sports-watching venue – with its balance sheet showing robust bar and restaurant revenues on All Blacks match nights, and Sunday afternoon pay per view Ultimate Fight Club and boxing drawcards. He said that equally impressive bar takes were recorded when the venue regularly hosts live bands, and music-themed nights.
“The Doolan Brothers Newmarket business knows its audiences, and caters to their tastes accordingly – operating efficient systems and processes. It would be relatively straightforward to transition the business into a new name and entity continuing on the English/Irish theme and entertainment options,” he said.