*Chinese restaurant for sale in Auckland city center.
*In a bustling location with huge traffic.
*The average weekly turnover is around $20,000.
*The floor can seat around 80 people, and the weekly rent of $2,534 includes GST, rates and 2 parking spaces.
*The owner has been in this business for 6 years and is now selling in good faith.
*The net profit of the establishment is $200,000 per year.
*Asking price is $$375,000+stock.
*Please call 021283 6666
*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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