Iconic Gastropub & Social House | Profitable Opportunity with Prime Location
Listing: #EL04241Anil Vazirani
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Iconic Gastropub & Social House | Profitable Opportunity with Prime LocationIntroducing a rare gem in the hospitality industry - an iconic gastropub and social house situated in a picturesque North Shore location. Boasting substantial profits exceeding $300,000 per annum, this establishment offers a unique blend of ambiance, entertainment, and culinary delights, making it a sought-after destination for patrons of all ages.
Key Features:
- Profitability: With annual sales nearing $1.5 million, this gastropub delivers exceptional returns, providing a lucrative opportunity for the discerning investor.
- Versatile Venue: Spanning over 750 square meters, the pub accommodates up to 450 patrons across various seating areas, ensuring ample space for social gatherings, events, and live entertainment.
- Diverse Offering: From casual dining to lively social nights, the venue caters to a broad spectrum of clientele, hosting everything from family celebrations to corporate conferences with ease.
- Flexible Operating Hours: Enjoy the flexibility of a 6-day business week, operating from 8 am to 1 am, providing ample opportunity to capitalize on various revenue streams throughout the day.
- Enviable Lifestyle: With a simple pub food menu boasting generous margins and a part-time working owner taking home a substantial cash surplus, this venture offers an enviable work-life balance.
- Desirable Location: Nestled in a beautiful North Shore locale with ample parking and scenic views, the pub enjoys high visibility and accessibility, attracting both locals and visitors alike.
Business Highlights:
- Liquor License: Fully licensed to operate seven days a week, catering to diverse patronage from early morning to late night.
- Menu: Featuring an 80:20 split between beverages and food, the pub offers a simple yet enticing menu with high-profit margins.
- Event Hosting: With a track record of over 1000 successful gigs and events, the venue is renowned for its versatility in accommodating gatherings of all sizes and occasions.
Asking Price: $950,000 + Stock
Don't miss out on the opportunity to own a thriving hospitality venture in a prime location, delivering impressive profits and promising growth potential. Step into the realm of successful ownership and reap the rewards of this iconic gastropub and social house.
Anil Vazirani: DDI - 09 555 6020 | M - 021 0277 8149 | E - anil.vazirani@linkbusiness.co.nz
Ron Vazirani: DDI - 09 555 6036 | M - 021 294 2978 | E - ron.vazirani@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#liveentertainment #northauckland #buyabusiness #eventscentre #gastropub #socialhouse #licensedbar #functioncentre #pub #venue #functioncentre #licensedvenue
*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.