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*Chinese restaurant for sale in Auckland city center.
*In a bustling location with huge traffic.
*The average weekly turnover is around $20,000.
*The floor can seat around 80 people, and the weekly rent of $2,534 includes GST, rates and 2 parking spaces.
*The owner has been in this business for 6 years and is now selling in good faith.
*The net profit of the establishment is $200,000 per year.
*Asking price is $$375,000+stock.
*Please call 021283 6666
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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