Asian Restaurant. Owners Relocating After 13 Yrs

Price

$135,000

Profit *

$125,000

Sales Revenue

$425,000

Location

Bay of Plenty Region, Tauranga

Category

Food/Hospitality, Restaurant

Listing #

BOP00911

Tauranga Restaurant Business for Sale
Tauranga Restaurant Business for Sale

About this Business for sale in Bay of Plenty Region, Tauranga

This well known Asian style restaurant is offered for sale as the owners of the last 13 years are relocating to Auckland to be closer to extended family.

Consider the benefits of owning this.

  • Being located on the City fringe there is a lot of very close customer parking that is free after 5pm.
  • Well set up kitchen with all the gear needed for Asian style cooking.
  • Could easily convert to other styles of food if you wanted.
  • Very reasonable rent at approx $34k per year including Council rates and a good lease term.
  • Current turnover of approx $8,500 per week generates a cash surplus for the owners of over $100k per year.
  • Only trades 5 days per week, Tuesday to Saturday. So that could be extended if wanted.
  • Seating for approx 50 customers and it holds a full liquor licence.
  • A very cheap asking price means this is readily affordable and our in house finance broker can help finance it.

 

This is a superb opportunity for a someone to take over a very successful business and reap the rewards.

Interested?  You should be as this business offers a superb opportunity for new owners.

Contact me for further information on this opportunity.

Peter Redward, 027 492 0453, [email protected]

 

***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.

#wesellbusinesses #hospitality #restaurant #tauranga

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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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