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DealProspect/Listings/Food & Beverage

Bar and Restaurant With Strong Trading History

Restaurant

ActiveFood & BeverageAucklandB2C
Asking price
$499,000
Disclosed · NZD
Revenue
$1,500,000
TTM
Profit
$180,000
Implied multiple
2.8×
asking / earnings
Brief
  • Substantial hospitality venue in a premium, high-foot-traffic Auckland retail and entertainment destination
  • Seating for around 215 patrons with a liquor licence through to 2am
  • Fully staffed operation with experienced management and systems already in place
  • Broad customer appeal across daytime and evening trade, with a balanced food and beverage mix
  • Growth opportunities in functions, catering and delivery