I am incredibly proud to bring The Grove to market. Anyone familiar with the hospitality Industry, anyone who enjoys food to the highest levels, in fact, anyone who is anyone will know The Grove.
Simply, it is one of very best dining establishments that the country has produced. Established in 2004 by Michael & Annette Dearth and has been at the forefront of Auckland's dining scene ever since.
This is a multi-award-winning establishment and it reached the impressive accolade of being named the 9th best restaurant in the WORLD a couple of years back!
THE BUSINESS TODAY
The last 2 years have been a challenge. I think we can all agree on that one! Being located in Auckland's CBD has been interesting. However the business has faired pretty well considering. During the worst of the lock downs Michael & Annette kept their fan base happy with contact and takeaway ready meals.
The last 4 months, like all hospitality businesses, has seen a return to some degree of normality. Sales are back strong and there is a real buzz about the place.
BUSINESS HIGHLIGHTS
* Undeniable pedigree
* Huge IP in the brand
* A strong lease in place to 2031 giving surety of tenure
* A world-class team in place
* An impressive customer database
* Awards and then more awards
* Strong annual sales
WHY WOULD THEY SELL SUCH A GEM?
18 years is a good innings in anyone's book. They own another highly successful and busy restaurant and Michael has other projects that, more and more, will require his attention. It's just, well …. time.
WHO WILL BUY THIS BUSINESS?
Clearly this is not for the faint-hearted or for someone looking for an easy entry-level hospitality business! It may be that you are from the Industry. A Hospitality Group, perhaps looking for that ultimate trophy for your restaurant cabinet?
You may be a Chef wanting the ultimate glory of heading up the kitchen in this gem or a fastidious Maître 'D will an impressive history.
Maybe you are not in the hospitality business at all but recognise the finer things in life. How supremely tempting to say that you own 'The Grove'! What a place to take family and clients to!
Whoever you are, this is fabulous buying at $750,000 plus stock
Michael & Annette would love this to go to someone who will truly appreciate it. They are prepared to offer an exceptionally smooth transition and even some ongoing consultancy if that is required. They want The Grove to continue with the success it has always enjoyed.
Asking $750,0000 plus stock
To learn more go to linkbusiness.co.nz/EL03714 and press the "Enquire Now" button to complete an online confidentiality agreement.
Nick Giles, 021 676 832, [email protected]
***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.
#restaurant #auckland #buyabusiness #hospitality
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