Price
$359,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Auckland Region, Auckland City
Category
Food/Hospitality
Listing #
16775
Looking for an awesome restaurant site? A simply fantastic location with great sea views.
This is a well-respected North Shore restaurant enjoying average weekly sales of around $25,000. It is run largely under management and would, therefore, suit a range of potential owners.
It is a nice, solid, steady business.
It is a large restaurant (seating for 80) with a large kitchen, plenty of storage and ample parking for customers.
An owner operator should expect to earn in excess of $150,000. Whilst it is performing well at present, this restaurant occupies an enviable position and the smart investor / operator could make significant inroads in to increasing sales (and bottom line!). The beautiful thing here is a lack of immediate competition.
A rare opportunity to secure a fantastic business and excellent buying at this price.
Asking $359,000 plus stock
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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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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