About this Business for sale in Auckland City

This is a highly desirable business!

 

Located in a top suburb, the owner has done a fabulous job in building this business nicely over the last few years. The business enjoys

excellent reviews and heaps of repeat and regular custom both from locals and visitors to the area.

 

The fit out is of an extremely high standard and there is a massive commercial kitchen capable of producing far more product than the business requires.

 

The Financial Accounts are in good order and the business enjoys sales of over $33,000 per week (including GST) and a working owner would

enjoy a surplus of around $350,000 per annum. The business is yet to reach its full potential and there is another lucrative revenue stream (catering) that has not

been attacked at all.  There is certainly an upside here if you would like to grow it further.

 

Currently the business is operationally fully managed.  The owner does drop in to see that things are running smoothly and oversees the business

side of the operation. The Manager has been there for 2 years and is highly capable.

 

  • Rent of under 6% of sales
  • Exceptionally strong lease
  • Highly desirable location
  • Strong staff and management
  • Massive commercial kitchen
  • Very real growth potential
  • Good End of Year Accounts

 

This is a fantastic business in an affluent area and it is well priced at $1.05m plus stock.

 

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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.

Listing: #EL00291
Price: $1,050,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Auckland Region, Auckland City
Food/Hospitality
*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.

*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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