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$180,000
$975,000
What a fantastic ‘neighbourhood’ restaurant! This place sits in the heart of one of Auckland’s best dining areas where the locals rarely feel the pinch of hard economic times and where eating out is a must!
It is a cosy and inviting place where locals meet for a glass of wine and regulars come for the fantastic Mediterranean food. Whilst the place has a strong nod towards Italian cuisine, the menu encompasses most of the Mediterranean area.
This restaurant has a fantastic wood fired oven PLUS a takeaway window just off the kitchen that is SO useful when the restaurant is humming.
This is simple stuff but done superbly well! The business is open relatively short hours; 6 nights and 2 lunches per week. There is scope, of course, to extend these hours but this is how the current owner likes to balance his life.
This is a beautifully presented business. It’s smart without being too smart. It’s casual but with an air of sophistication. There is seating for 42 inside and 6 tables outside seat a further 18.
BUSINESS HIGHLIGHTS
WHO WOULD THIS SUIT?
You will probably be someone with excellent customer service skills and some strong business experience. It is not essential that you have hospitality experience but that would certainly be an asset. There is a strong team in the kitchen and capable FOH staff. A husband-and-wife team would do exceptionally well here.
If you are someone (or a couple) who have dreamt of owning the ‘perfect’ little neighbourhood restaurant where you can build strong relationships with your customers … this is it!!
If you are a Chef or FOH person .. this is easy! It’s a place where you can really stamp your mark.
PRICE
This restaurant is nicely established and is capable of more! We have priced this conservatively at 2.5x the current surplus. Everything here is neat and tidy and no fishhooks in the lease. This is good buying!
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #restaurant #auckland
*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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