13 Years Strong | Loyal Following, Real Returns

Price

$225,000

Profit *

$161,000

Sales Revenue

$939,000

Location

, Richmond

Category

Food/Hospitality, Restaurant

Listing #

CS01063

Richmond Restaurant Business for Sale
Richmond Restaurant Business for Sale

About this Business for sale in , Richmond

Thirteen years of loyal customers, a proven Richmond location, and a team that knows what it's doing. This is a genuine hospitality business with real foundations.

Serving lunch and dinner seven days a week, this fully licensed Asian restaurant has built a strong following among locals, families, and visitors to the Nelson region. The menu blends Thai and Chinese cuisine, balancing traditional flavours with modern influences that keep customers coming back. Dine-in, takeaway, and online ordering keep revenue flowing across multiple channels, and with seating for 65 guests, there is real capacity to perform on a busy service.

The restaurant occupies a prominent spot on a busy street in the Richmond CBD, supported by a lease running through to 2029. An experienced kitchen and management team handle the day-to-day with well-established systems already in place, allowing the current owner to operate at a high level rather than being tied to the floor. The structure is clean, the team is capable, and the transition pathway is straightforward for the right buyer.

  • 13-plus years of consistent trading history
  • Prime Richmond CBD location with strong foot traffic
  • Fully licensed and BYO, seats 65
  • Experienced team and operational systems in place
  • Multi-channel revenue: dine-in, takeaway, online ordering
  • Open seven days, lunch and dinner
  • Priced below assessed market value.

 

This is the type of hospitality business that rarely becomes available in a regional market like Nelson. Consistent trading history, a broad and loyal customer base, multi-channel revenue, and a below-market asking price make for a compelling commercial case.

Contact Stu Allan today to find out more.

 

Stu Allan, +64 27 436 9091, [email protected] 

 

*Please refer to the LINK website for full disclaimers.

 

 

 

 

 

 

 

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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*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.

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