An exceptional opportunity to acquire a well-established and highly recognised hospitality business featuring multiple revenue streams, including a Sheesha Lounge, Bar & Restaurant, complemented by an established retail food operation in one of Central Auckland's most sought-after suburbs.
With a strong local reputation, loyal customer base, and multiple revenue streams, this business presents an attractive investment for experienced operators seeking a profitable and scalable hospitality venture.
Key Business Highlights
• Average combined sales exceeding $24,000 (incl. GST) per week
• Annual revenue of approximately $1.25 million
• Proven profitability with annual profit of $100,114
• Diverse income streams
• Seating capacity for 50+ patrons
• Strong and loyal repeat customer base
• Excellent location with substantial foot traffic and a large catchment area
• Significant potential to increase revenue through private functions, events, catering, and extended trading opportunities
• Experienced staff and established operating systems in place
• Well-positioned for an owner-operator, hospitality group, or growth-focused investor
Lease Information
• Combined weekly rent: $3,649 plus outgoings
• Additional downstairs storage facility: $1,327 per week
Financial Summary
Revenue: $1,253,270
Profit: $100,114
Opportunity
Businesses offering multiple complementary revenue streams, established brand recognition, and strong turnover in a prime Auckland location are rarely available to the market. This is an outstanding opportunity to take over a proven operation with immediate cash flow and considerable future growth potential.
Enquire today to receive further information and arrange a confidential discussion.
To learn more or arrange a confidential discussion, please copy and paste the link in your browser: https://vltre.co/SNlNKf, and complete an online confidentiality agreement.
Listing Agent: Salil Wagle - 022 503 0985 or Email: salil.wagle@harcourts.co.nz