Link Business

Well Priced Licensed Asian Style Restaurant In Tauranga CBD

Listing: #BOP00074
price

$160,000

Profit

$95,000

sales

$510,000

industry

Tauranga

Industry

Food / Hospitality


Peter Redward

Broker | Bay of Plenty

Peter Redward

peter.redward@linkbusiness.co.nz

+64 7 579 4994

+64 27 492 0453


About this Business for sale in Tauranga

Well Priced Licensed Asian Style Restaurant In Tauranga CBD


This restaurant has a long and successful trading history at its prime site in Tauranga's dining precinct.

Consider the benefits:

  • Currently, fully managed; management could remain in place or you could be the owner/operator and save on wages
  • Open 6 days per week
  • Outside dining area with harbour views
  • Great "Trip Advisor" reviews of 4.5 stars
  • Experienced chefs who are keen to stay on
  • Fully licensed and BYO wine
  • Can accommodate large groups for corporate functions
  • Food is always fresh, tasty and beautifully presented
  • Very reasonable rent for its size and location. Approx. $40k per year with long lease available
  • Turnover approx. $12,000 per week - that's up 15% compared to last year
  • Cash surplus, running fully managed, expected to be $60K plus based on 6 months to Sept 2019

Interested to know more? 

You should be as this is a superb local business, especially for someone wanting a fully managed business at a fair price.

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

 

***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.

 

Bay of Plenty
peter.redward@linkbusiness.co.nz
+64 7 579 4994
+64 27 492 0453

Peter Redward

Enquire Now

*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.