Bar/Liquor Wholesaler Profit $278,000

This well-run business has multiple income streams and little competition in one of Tauranga's rapidly growing suburbs. Over the last 5 years sales have increased by 21% providing a net cash profit of $278,862 to two working owners. This is while undergoing substantial refurbishment which has resulted in modern, bright and attractive premises. There are a total of 18 gaming machines plus TAB facilities while the cafe and restaurant are another attraction to customers. The liquor wholesaler complements the tavern, each operation drawing in their own customers and allowing for cross-selling. Lease: $15,739 per month Sales: $3,032,913 for year to 31/3/13 Staff: 8 full-time, 4 part-time The owners manage the business and staff, working around 30 - 45 hours per week. They are willing to provide substantial assistance to a new owner. This is a great opportunity to purchase a substantial business with very good systems in place. The hard work has been done, this business would suit either an owner/operator or an investor seeking a very good return on capital. Asking Price $760,000 plus SAV