Opportunity Ahead. Profitable Kebab Business

This busy and long established Kebab restaurant is 240 meters squared and located on a Busy Road in Palmerston North . It has been under the same ownership for 8 months but has been operating for over 10 years. The business operates as a traditional Kebab restaurant. It holds traditional events such as belly dancer nights. This is a great opportunity to get into a hospitality business. The current owner is a busy other business commitments, he bought this restaurant to provide job opportunities for his relatives but they no longer need this. 

Asking Price – $325k 

Potential vendor finance with an initial payment of $150k (“subject-to” offers) .

Average Weekly Turn over approx.. $14,000  inc gst

Rent: $2,916 plus GST per month 

Key Features: 

• Great location on a busy road.
• Big dining area.
• Growth opportunity.
• Genuine reason for sale.
• Long lease.

Opening Hours 11am-9pm. 

Owner's semi-managed net Profit is over $100k.

There is an opportunity to make over $200k net profit for a working couple.
 

Please contact: 

Serdar Kabul, DDI: (09) 394 0574 (OR) MOB: 021 188 6144 

[email protected]

Reference: EL01954