Price
$825,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Auckland Region, Auckland City
Category
Food/Hospitality, Restaurant
Listing #
EL00884
Located in a prime location in this important residential suburb
With sales in excess of $30,000 per week which are very much growing by the week, this is a fantastic opportunity to buy this incredibly well appointed restaurant, cafe and bar.
The restaurant has seating inside for over 120 in a variety of different areas plus another 40 plus covered outside seating out front.
No expense has been spared here and the value of the fit out well exceeds the asking price!
Costs are well controlled with cost of sales running at around 28%, there is a strong lease in
place and rent around 7% of sales.
Based on the cost structure of this place, a working owner should be able to enjoy a surplus based on last year’s sales of $300,000 plus.
The owner has set an extremely realistic asking price of $825,000 plus stock. This is a good one so don’t miss out on this opportunity.
Asking $825,000 plus stock
Reference: EL00884
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.
+(1).jpg)
+(1).jpg)