Iconic Pool Bar & Lounge for Sale Auckland

Description

Iconic Pool Bar & Lounge for Sale AucklandThis prestigious Pool-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 and in-house events.Very favourable “pourage rights” available from multiple suppliers amounting to $200,000.Sectioned with dedicated areas, each with their own bar facilities, for planned events, indoor and outdoor fine dining or a poolside drink. This is a unique setup that caters to families and pub-hoppers alike.The bar is licensed for 400 patrons with two spacious outdoor 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 events* External dining space* Multi-bar setup* Private function room* Exceptional fit out* Favourable brewery contracts in place* FY2024 managed cash surplus of $272,422Asking Price: $600,000 + stock at valuation