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Bayside Restaurant & Bar In Idyllic Russell. Lifestyle Plus Here!

Location:Auckland

Category:Others

Asking Price:$365,000

365000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Bayside Restaurant & Bar In Idyllic Russell. Lifestyle Plus Here!
  • Bayside Restaurant & Bar In Idyllic Russell. Lifestyle Plus Here!
  • Bayside Restaurant & Bar In Idyllic Russell. Lifestyle Plus Here!
  • Bayside Restaurant & Bar In Idyllic Russell. Lifestyle Plus Here!
  • Bayside Restaurant & Bar In Idyllic Russell. Lifestyle Plus Here!

Business description

A rare opportunity to grab your own little slice of heaven in the beautiful Bay of Islands. Bayside Restaurant and Bar is located right on the beach in historic Russell and it boasts gorgeous views across the bay. Indeed, the restaurant is the first business visitors see as they disembark from the ferry.

Russell has seen year-on-year tourism growth. Many Auckland holiday here and plenty have holiday homes here.

The restaurant was completely renovated when the owner bought it 2 years ago. He does not work in the restaurant and so there is very genuine opportunity for an owner-operator (or couple) to take this place to the next level. Last year the restaurant closed the business over the winter months and a working owner may well decide not to do this.

Sales are strong (especially during the summer period) and averaged around $21,500 for the months that the business is open. There is a strong lease in place and the rent is reasonable for such a location.Simply stunning locationPerfectly set up for a working owner or coupleApprox 80 seats indoor and outdoorStrong lease in placeAmazing opportunity to reinvent yourself in paradise

Opportunities like this are rare. Yes you can buy any number of cafes and restaurants but not with this view and not in this location.

Contact me now for further information.

Reference Number: EL02580​

Nick Giles
[Phone Number Censored]
DISCLAIMER
Note: Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.



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