Auckland Coastal Restaurant and Accommodation

Auckland City

$1,495,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1brlg3b



This is a stunning place and an exceptionally strong business that is on the up.

With awards and stellar reviews, this fabulous restaurant has been an important part of the Auckland hospitality landscape over the last few years.Sales over $3.5m. Profits north of $500,000 per annumSuperb systems in place and an excellent staff contingentCosts are well controlled and there is a nice solid lease in place. Rent at just over 2% of sales!Incredibly exciting expansion and business growth plan in place - including more rooms - for the new owner which ties in nicely with the massive growth in tourism numbers throughout the Auckland Region.Fabulous views and timeless design make this an iconic destination that has fast become an institution

Asking $1.495M plus stock

Reference: 20443
Ref: 20443
Timestamp: 20171022054519

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