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Refer to Broker
Almost new Licensed restaurant, situated in a busy shopping centre in a popular suburb of Tauranga, set up approximately 18 months ago. All the chattels are in as new condition and the business is currently run as an Indian restaurant & takeaways, but could be easily altered to any restaurant type. Currently open short hours of 5 pm to 8 pm daily, only 6 days per week, the hours and days open could be easily extended which would increase the turnover. Seating for approximately 20-24, new kitchen and fittings in place and could be easily converted to another food type. Rent of $17,391 plus gst per year makes this a very affordable option for a family run business. The current owners have other plans and so require a quick sale and have priced this business at below the chattels and stock value so be quick. A business profile is available after signing of a confidentiality form.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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