Bar / Tavern

Superb East Auckland Tavern with No Competition

$500,000+ spent on an amazing head to toe rebuild/rebrand in 2016

Address East Auckland location available on application

Location Auckland, Auckland - East

Sales 2018 Weekly sales average of $21,000

Asking Price $479,000 + Stock of $20,000

Listing ID KA1662

This absolutely stunning East Auckland gastro-bar is a recipe for success.
Situated on a sunny, high traffic corner with 20 exclusive carparks and no competition, thanks to holding the only tavern licence in this affluent location. Strong weekly sales of $21,000 incl GST with big potential to increase thanks to a large housing development underway only 250m away.

Business Highlights
- Strong weekly sales average of $21,000+
- Great annual rental of $64,000+GST or 6.7% of turnover
- $500,000+ spent on an amazing head to toe rebuild/rebrand in 2016
- Rock solid lease in place
- Favourable brewery agreement with Lion Breweries
- Large amount of car parking right outside
- Beautiful 2 bedroom apartment upstairs available at $400 per week (subject to landlord approval)

Opportunities like this seldom hit the market. Give James Ashwin the hospitality specialist a call today on (021)125-6898 to discuss.

Asking Price: $479,000 + Stock of $20,000
Agency Reference: KA1662