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*** SOLD ***
Bistro Bar with Gaming to Cover the Overheads
Listing: #18589
Peter Redward
Broker | Bay of Plenty
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Western Bay Of Plenty
Bistro Bar with Gaming to Cover the OverheadsThis is an ideal business for a working couple, one part time the other full time, to generate a cash surplus of approx $70,000 p.a. It has a lovely outside garden bar as well as a good frontage area that is covered by the licence in the pleasant tree lined side street which is located near the central down town precinct. Lots of regulars keep this place ticking over nicely and it is a very relaxed format bar ideal for a laid back person who likes to interact with the locals. A well equipped kitchen is used to provide simple bistro meals. It is very easy to run and the income stream has the ongoing security of the regular site rental payments from the 9 gaming machines of approx $60,000 per year which more than pays all the fixed overheads. Interested to know more?? Then contact me for a confidentiality form to complete after which I will send you the business information.
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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.