Licensed Hospitality Site, New Lynn

Licensed Hospitality Site, New Lynn — Hospitality & Tourism · New Lynn, Auckland · Asking $111,111

Prominent corner hospitality site in busy New Lynn, sold as a site only with no intellectual property, so a rebrand is required Spacious venue with a lively fit-out, well suited to large functions and events Well-equipped kitchen with a walk-in chiller, gas and extraction on site Liquor licence in place and seating inside for 100-plus, with a secure lease through to 2033 Plenty of adjacent…

DealProspect/Listings/Hospitality & Tourism

Licensed Hospitality Site, New Lynn

Restaurant

ActiveHospitality & TourismAucklandB2C

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Asking price

$111,111

Disclosed · NZD

Revenue (est.)

~$293,789

Estimated · comparable listings of this type and size

Earnings (est.)

~$70,997

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.6×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Prominent corner hospitality site in busy New Lynn, sold as a site only with no intellectual property, so a rebrand is required
Spacious venue with a lively fit-out, well suited to large functions and events
Well-equipped kitchen with a walk-in chiller, gas and extraction on site
Liquor licence in place and seating inside for 100-plus, with a secure lease through to 2033
Plenty of adjacent parking; suits an operator with a fresh concept and low set-up cost

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