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DealProspect/Listings/Food & Beverage

Beachside Restaurant, Auckland

Restaurant

ActiveFood & BeverageAucklandB2C
Asking price
$1,170,000
Disclosed · NZD
Revenue
$1,600,000
TTM
Owner Earnings
$407,000
Implied multiple
2.9×
asking / earnings
Brief
  • Fully licensed beachside restaurant in one of Auckland's most desirable seaside suburbs
  • Trades seven days a week across breakfast, lunch and dinner
  • Many years under the same ownership, with sales up 7.7% last year
  • 84 seats including licensed outdoor beachfront dining
  • Full liquor licence supporting strong beverage-led margins
  • Kitchen led by a head chef with eight years in the business, and the owners' involvement is largely by choice rather than necessity
  • Affluent, loyal, local customer base
  • Clear upside in functions, delivery and marketing
  • Tightly held beachfront position that rarely becomes available