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Semi-Passive Lifestyle Income. EBITDA $665,000

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Price $1,650,000
Profit *

$728,000

Sales Revenue

$2,250,000

Location Auckland Region, Auckland Surrounds
Category Food/Hospitality, Restaurant
Listing # EL04705
Nick Giles Headshot

Nick Giles

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

Auckland Surrounds Restaurant Business for Sale
Auckland Surrounds Restaurant Business for Sale

About this Business for sale in Auckland Surrounds

Are you ready to earn in the very top tier of NZ incomes?

Stunning location and unbelievable performance.  $728,000 surplus to a working owner or $665,000 under full management, all backed by remarkably low overheads. A quick calculation around the asking price will show you that this all day eatery will generate a Return on Investment of 40%!

This is an impressive all day eatery .There is a spectacularly long lease in place to 2048 with rent below 5% of sales. Just phenomenal and especially for a hospitality business.

So, what’s the catch? Really – there isn’t one! The owners are even willing to consult for you after the sale if you really need it – which you won’t because it’s fully managed anyway! It is upper North Shore but not even that matters even if you live south of the bridge – again – because it’s fully managed! The current owners don’t live near it, by the way.

Nope – I just can’t see a downside here.

This is superbly priced, the returns are phenomenal, the lease is ridiculously long, and you don’t need any experience.  What’s not to love?

Asking just $1.65m plus stock

 

Nick Giles, 021 676 832, [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. 
 
#wesellbusinesses #buyajob #food #hosp #restaurant #auckland

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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Nick Giles

Business Broker
Auckland - Ellerslie
+64 9 579 9226
+64 21 676 832
[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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