Price
$1,120,000
Profit *
$400,000
Sales Revenue
$2,164,270
Location
Auckland Region, Auckland City
Category
Food/Hospitality, Restaurant
Listing #
EL01752
Situated in a prominent area that is well regarded for it’s great restaurants, but at the same time this place is in a league of it’s own.
Dominating with sales of $45,000+ per week, which have been consistent for the last 3 years and with rent coming in at only 2.67% last financial year there are big profits to be made.
Superb management currently runs this slick operation 7 nights a week and 2 lunches on the weekend.
As a customer as soon as you walk in you know you are in for an amazing experience, just so much excitement and buzz in the atmosphere, very few leave unimpressed.
A very simple and well-executed concept that would suit either a working owner wanting to take over the Manager’s role or a hands-off owner who would like to sit back and enjoy the success. Previous hospitality experience is not required to own or operate this.
Asking Price – $1,120,000 plus stock
Reference: EL01752
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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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