Price
$295,000
Profit *
$185,000
Sales Revenue
$995,000
Location
, Nelson
Category
Food/Hospitality, Restaurant
Listing #
CS01064
Close to a decade of consistent trading, a loyal customer base, and a 74% gross profit margin. This is a well-run Asian fusion restaurant in Nelson CBD that has quietly built something worth owning.
Operating since 2017, the restaurant serves a broad menu of Chinese and Thai cuisine across lunch and dinner, seven days a week. The 70-seat CBD premises draws a strong and varied mix of diners including families, groups, and regular takeaway trade. The kitchen and front-of-house teams are experienced, the systems are solid, and day-to-day operations run without heavy owner involvement. The current owner manages at an oversight level, focused on financials, staffing, and strategy rather than the floor.
Revenue has averaged circa $994,000 per annum across the past three financial years, with an EBPITDA of approximately $185,000 and a gross profit margin tracking at 74%. The lease runs through to April 2047, providing genuine long-term security for the incoming owner.
Suits an owner-operator seeking a structured, performing hospitality business, or a strategic buyer interested in the broader portfolio of top of the South hospitality businesses also available. Contact Stu Allan today for more information.
Stu Allan, +64 27 436 9091, [email protected]
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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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