Link Business
*** SOLD ***

Modern Bar

Listing: #14861

Peter Redward

Broker | Bay of Plenty

Peter Redward

peter.redward@linkbusiness.co.nz

+64 7 579 4994

+64 27 492 0453

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Tauranga

Modern Bar


Right in the heart of downtown Mt Maunganui where the crowds are. Get ready for summer, it's on the way and it's going to be huge!! This is a large bar with 9 gaming machines, an internet cafe with wifi, the biggest projector screen in the Mount along with five 42" plasma screens for all the sports & special events, and provides a fantastic menu. No need here to hire a chef! Reap the rewards of this business and the ever increasing activity that the Mount holiday destination now brings all year round plus look at the added bonus of continual cruise ship berthing just down the road with over 219,000 passengers and crew frequenting the area each year! Action, Fun, Excitement and Rewards!! The owners circumstances mean they want a quick sale so they have not only reduced the price but will look at all sensible offers in order to achieve this. Make us an offer. You just might be surprised. Current turnover exceeds $500,000 p.a. Rent is $81,419 p.a. but note that quite a bit of this is paid for by the site rentals received from the gaming machines. The current lease runs to 2015 and renewals will reportedly be available. For further details complete the online confidentiality form & I will be in touch.

Bay of Plenty
peter.redward@linkbusiness.co.nz
+64 7 579 4994
+64 27 492 0453

Peter Redward

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.