Are you wanting to open our own a restaurant on the North Shore with a concept you know will work in the right location?
If you are, then your 3 main options are:
- Purchase an existing restaurant in a great location with a reasonable rent and re-brand it – but be prepared to pay the market price as its likely to be performing well.
- Purchase a rundown, poorly performing restaurant and re-brand it – but check the location, the condition of the equipment, the rent and other issues to ensure you're not taking over a future disaster.
- Find empty premises to fit-out a new restaurant in – but check what the likely financial, stress and time costs will be involved as they can be prohibitive especially with regard to the fit-out, council compliance issues, inevitable time delays etc. Furthermore, most new set-ups exceed their budgets.The good news is there's a 4th option. It's not usually offered as it rarely comes to the market, but it is today. Here is option 4.
- Purchase an existing restaurant that has performed well because of it's location, rent, and concept without paying for the goodwill off the business. This is what's happening here as owner of this restaurant has developed such a successful business, he's planning to do even better by moving his concept to larger, nearby premises.
In short, what's on offer is: a council compliant, fully licensed, spacious restaurant with most of the equipment in situ fit-out, a sound lease with a reasonable rent in place, an exceptional location and the opportunity to start trading virtually from the time you takeover.
All you'll most likely need to do is re-brand the site, buy any additional equipment you may require, hire staff, promote the business on social media and open!
As the asking price for this opportunity is well below the likely cost of options 1 and 2, even before you open, and also below the likely long term cost of option 3 after you open, this is definitely an option worth considering especially as the asking price is only
$135,000 plus GST
To find out more, please contact:
Greg Mullins, 021 943 844, greg.mullins@linkbusiness.co.nz
***Some details of this listing are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to confidentiality aspects of this listing a stock photo image may be used to represent the business.
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