The Tasting Shed - One of Auckland's Best Venues | ABC Business

The Tasting Shed - One of Auckland's Best Venues

$350,000 - Auckland

Industry: Restaurant

#32024

Set in amongst beautifully landscaped gardens, this hospitality venue really does have it all. It is the perfect wedding/functions venue and also operates as a restaurant 4 days/nights a week.

The business is currently run by a dedicated group of experienced staff, and under this format, the business has been trading consistently and profitably since its inception. Normalised 2021 trading shows a net profit of more than $150k. As the business is fully managed, a working owner could easily replace a manager or chef here and, in turn, see a surplus to one working owner exceed $220k+.

The current owners have done a fantastic job to build this business to this point, but they now have too many other projects they are working on. Because of this, there is now an amazing opportunity to purchase this business at a fraction of the set-up cost and to walk into an already profitable and highly reputable hospitality business.

They have also offered a generous hand-over period for any incoming purchaser to make sure there is a smooth transition.

Business Highlights:
- Normalised 2021 Annual Sales - $1,091,321 (ex GST)
- Cost of Goods - 25%
- Wages - 33% (fully managed)
- Net Profit (fully managed) - $150,000+
- The perfect wedding & functions venue.

This really is an opportunity not to be passed upon. Please get in touch to find out more.

Price $350,000 + SAV

Contact Jeff Wiley - 021 555 384 for further information.

For a confidential discussion, please complete our online confidentiality agreement.
Copy and paste this link into your browser: www.ds4u.cc/abc?ref=32024

To obtain more information click here to complete a confidentiality agreement Need business finance? Click here to contact the team at the Loanary

Location: Auckland

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Our brokers

Jeff Wiley

021 555 384

Jeff Wiley

021 555 384

Contact Jeff

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