Entry Level Priced Pub
Listing: #15017Peter Redward
Broker | Bay of Plenty

About this Business for sale in Tauranga
Entry Level Priced Pub
Owners' other business interests, plus a new baby due, means that they are offering for sale this successful bar in the very heart of Tauranga's entertainment precinct on The Strand at an absolute bargain price. This blue chip locality has driven the bar's success and will ensure it's future. The Strand is where it all happens ! This is an Ideal opportunity for a working couple to run this bar and earn themselves a generous income approaching 6 figures. The bar also incorporates an upstairs area that is hired out for private functions and so provides a steady secondary income stream. There is a another fully equipped bar in this area and this opens out onto a deck that looks out across the harbour. A magic spot !. Bookings for functions are already in place for as far ahead as March 2013. Overall a superbly located, and very cheaply priced bar. It is beautifully presented in a building that has already been upgraded to comply with Council's earthquake standards, unlike some of the other bars in the area that still have this issue to contend with. The rent at $76 K per year includes all opex costs such as rates & insurance. A superb opportunity !! For further information on this business complete the on line confidentiality form and I will be in touch.
*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.