Price
$685,000
Profit *
Refer to Broker
Sales Revenue
$1,800,000
Location
Auckland Region, North Shore City
Category
Food/Hospitality, Restaurant
Listing #
EL05040
Lone Star has been one of the country’s best-loved restaurant brands for 37 years.
You could never build this restaurant for what it is likely to sell for!
Seriously.
A venue of this scale, under a brand as powerful as Lone Star, would cost several times the eventual purchase price to establish today.
That’s what makes Lone Star Albany such a fabulously exciting opportunity! This large North Shore restaurant generates weekly sales of around $35,000 and sits in such a the busy precinct
With seating for approximately 183 guests, a full bar, strong food trade and a fully systemised franchise model, the foundations are already firmly in place.
But here’s the key point.
This business has SO much more in it! I know that because I have sold it before.
For a driven owner with real hospitality instincts and the kind of customer service that will impress the socks off Lone Star HQ, there is clear opportunity to lift sales and grow value.
Business Highlights
For those who recognise value when they see it, this is exciting.
Serious buyers should enquire now.
Asking Price: $685,000
Nick Giles, 021 676 832, [email protected]
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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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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