Established Mediterranean Bistro - $1M+ Sales, Prime Newmarket Location
For the first time in over 17 years, this well-known Mediterranean-style bistro in the heart of Newmarket is available for sale. With indoor and outdoor seating for 100, a full licence and a loyal customer base, this is a proven hospitality business in one of Auckland’s busiest dining precincts.
In December, the venue achieved its biggest trading week in 18 years, reaching $50,000 in sales. Momentum has continued, with FY25 sales tracking over $1,000,000 and approximately $150,000 profit to a working owner.
The fit-out is stylish and efficient, systems are well established and an experienced team is already in place. Located on a busy pedestrian strip in Newmarket, the business benefits from strong foot traffic from shoppers, professionals, residents and visitors. Council streetscape investment supports outdoor dining and enhances long-term value.
Business Highlights
- First time on the market in 17+ years
- Record $50,000 sales week in December
- FY25 sales tracking over $1,000,000
- Approx. $150,000 working owner profit
- Prime Newmarket location with heavy foot traffic
- Licensed operation (currently 6 days/week)
- Mediterranean menu with strong following
- Seating for 100+ inside and covered outdoor area
- Strong online reputation
- Lease to 2027 + 6-year renewal
Asking Price: $299,000
A stable, well-recognised venue with decades of goodwill and clear growth potential.
Contact me today tofind out more!
Michael Zhang, 022 323 0779,michael.zhang@linkbusiness.co.nz
*Please refer to the LINK website for full disclaimers.
Ref: EL04899
Timestamp: 20260525114502
