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Iconic Pool Bar & Social Lounge. A Function Venue Like No Other! Tremendous Growth Opportunities.

$600,000

Mechanics Bay, Auckland

Iconic Pool Bar & Social Lounge. A Function Venue Like No Other! Tremendous Growth Opportunities.

This prestigiousPool-Bar and Social Club House is known for its reputation as an "Ultimate Destination for Food, Drinks and Good Times". Backed by a very successful history of operation, the current owners have scaled its growth with a pipeline of Venue Hire & Catering, Dance Nights andIn-house Events.

Very favorable"Pourage Rights" available from multiple suppliers amounting to $200,000!!!

Sectioned with dedicated areas, each with their own bar facilities, for a planned event, indoor and outdoor fine dining or a poolside drink - This is truly a unique set-up that caters to families and Pub-Hoppers alike.

The bar is licensed for 400 patrons with two spaciousoutdoor areas and shares the pool area with a 70 bedroom lodge that brings in its own clientele.

Key Features:
• High weekly turnovers crossing
• Secure lease in place
• Huge outdoor spaces for outdoor events
• External dining space
• Multi-bar set up
• Private Function Room
• Exceptional fit out
• Favourable brewery contracts in place
• FY2024 Managed Cash Surplus of $272,422

Asking Price: $600,000 + Stocks At Valuation



Get in touch with the brokers:

RON VAZIRANI- M: 021 294 2978| E:ron.vazirani@linkbusines.co.nz| DDI:09 555 6036

ANIL VAZIRANI-M: 021 0277 8149| E: anil.vazirani@linkbusines.co.nz| DDI:09 555 6020



***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.
#wesellbusinesses #privatevenue#venuehire #brewery#pub#nightclub #bar #hospitality #socialhouse #restaurant #poolbar #cafe
Ref: EL04394
Timestamp: 20240619104502

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Last updated: 20th June 2024

Summary

Property Type
Business
Contract Type
For Sale
Location
 Mechanics Bay
State
 Auckland
Price
$600,000
Category
  • Bars/Nightclubs

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Agency

LINK | Auckland - Ellerslie

LINK | Auckland - Ellerslie

Contact

Ron Vazirani
Anil Vazirani