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Sold

Bar and Gaming - High cash surplus - $394,361 EBITDA

A business like this does not come on the market very often, and it gets snapped up very quickly if it does. The business has really high turnover with a very strong GMP from 18 gaming machines in this business makes it a rare find. 

This business generated a cash surplus of $394,361 in the 2022 financial year when sales were just over $40,000 per week, including GST  and income generated from 18 gaming machines was just over $5,000 per week, including GST. After most of Covid's restrictions are eased, current trading figures are very impressive, which are $53,000 per week, including GST from the bar & restaurant and $7,200 to $8,000 net income per week, including GST from gaming.

It offers an opportunity for an astute investor to add this highly cash surplus business to their portfolio or a working owner can make a significant impact on the business. Please do not delay in contacting Khush if you wish to pursue this outstanding business opportunity further.

Asking Price:  $700,000 plus stock

Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/business-for-sale/43/ Post executing the NDA, we will be in touch to understand your business experience and financial position.
Khushdeep Sharma
Kauri Business Sales (Licensed REAA 2008)
khush@kauribusiness.co.nz
(022)3738555

 

 

Price SOLD
Business ID 43
Category Food/Hospitality, Leisure/Entertainment

Agent Details

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Khushdeep Sharma

022 373 8555
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