Fully Managed, A Beautifully Designed Licensed Restaurant in Whitianga

Price

$595,000

Profit *

$300,000

Sales Revenue

$1,352,000

Location

Waikato Region, Waikato Surrounds

Category

Food/Hospitality, Restaurant

Listing #

EL03246

Rafiq Bhamani Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 129 1916

[email protected]

Waikato Surrounds Restaurant Business for Sale
Waikato Surrounds Restaurant Business for Sale

About this business for sale in Waikato Region, Waikato Surrounds

Current weekly sales $26,000 per week, including GST.

Surplus for a working owner around $300,000 per annum before EBTD.

That Curry Place

This fully managed, beautifully designed, licensed restaurant in Whitianga has two kitchens, a 45 seater dine-in along with covered outdoor seating, and also an open outdoor sitting area (Alfresco dining in front of the restaurant). It has a well-designed kitchen with a separate prep area, huge walk-in chiller and all the equipment and furniture are owned and are in excellent condition.

Exceptionally strong Whitianga CBD location for 7 years – Indian & Thai food, dine-in restaurant with street food option during SUMMER.

Highly reputable restaurant in the town and supported by the local community over the years. Anyone new can take immediate advantage of the huge presence developed over the last several years. It has had very consistent sales all year round as it attracts local residents, office crowds, domestic and international tourists (when borders open).

The existing trade name and all intellectual property will be included in the sale; the buyer will get full training and support from the Vendor and the managers.

The great thing about this business:

  • 100% fully managed 
  • Open 7 days per week, but just 7 hours a day (closed for lunch on Sunday and closed on Sunday during winter months)
  • As 4 chefs, 2 managers, and supporting experienced staff in place
  • Current Sales are $26,000 per week, including GST
  • $300,000 surplus for a working owner
  • Top-class location in Whitianga CBD
  • Takeaway sales high around 40% of the turnover
  • Low operating costs
  • Understanding landlord and a strong lease in place

This one is very well priced at $595,000 plus stock.
 

Rafiq Bhamani, 021 129 1916, [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 may be used to represent the business.

#restaurant #restaurant #hospitality #waikato

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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Rafiq Bhamani Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 129 1916

[email protected]

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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