This is a rare opportunity buy such a place and at such a phenomenal price!
Pubs like this don't come along often-especially not at this level. This is a serious hospitality business with outstanding numbers, a prime location, and huge potential for even greater returns.
Located in a high-traffic area on Auckland's North Shore, this venue is fully managed and running smoothly. The current owner is hands-off, which means a switched-on operator could tighten costs, drive efficiencies, and unlock even more profit.
You will need to have experience of operating a busy restaurant / pub to buy this one.
WHAT MAKES THIS A STANDOUT?
* Massive sales of over $3m including GST
* Strong alcohol-to-food ratio (45:55), a solid mix for profitability
* Extremely high quality fit-out with a stylish, open-plan layout and premium furnishings
* Long, secure lease through 2037 with no redevelopment risks
* Fully managed with a team in place - walk in and take the reins
* Prime location with excellent parking and strong customer demand
* Still over $400K in depreciated asset value
Is a top-tier hospitality business, not just a pub. It has a strong brand, glowing reviews, and a setup designed for long-term success. The next owner can refine, expand, and elevate it even further.
If you think you have the experience to shine in this luxurious envirnoment, some serious capital gain may well be waiting for you down the track.
Asking $785,000 plus stock.
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#pub #restaurant #profit
Ref: EL04770
Timestamp: 20250409051512