Price
$190,000
Profit *
Refer to Broker
Sales Revenue
$1,092,000
Location
Auckland Region, Auckland Surrounds
Category
Food/Hospitality, Restaurant
Listing #
EL05218
Vendor Highly Motivated – NOW $190,000 INCLUDING STOCK
An outstanding opportunity to acquire a large-format hospitality business at a fraction of its original setup cost.
Established in 2019, this impressive restaurant occupies approximately 471 sqm in a high-profile main road location and was developed with an estimated investment of $1.7 million. The venue features an extensive commercial kitchen, premium themed fit-out, liquor licence and 7 dedicated customer car parks.
The current depreciated book value of the plant and equipment exceeds $550,000, making this a genuine asset acquisition opportunity.
Whether you continue operating as a Chinese restaurant or introduce a new hospitality concept (subject to landlord approval), the existing infrastructure provides a significant advantage and would cost substantially more to recreate today.
Key Features:
This is a rare opportunity for an experienced hospitality operator to secure a substantial venue with exceptional infrastructure already in place at well below replacement cost.
Enquire today for a confidential discussion and a copy of the Information Memorandum.
Henry Han – 021 516 588 / 09 555 6068
Email: [email protected]
Susan Han – 027 566 8938 / 09 555 6066
Email: [email protected]
*Please refer to the LINK website for full disclaimers.
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.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
