Popular Eastern Suburbs Restaurant
Refer to Broker
About this business for salePopular Eastern Suburbs Restaurant
Enjoying an absolutely brilliant location in the well-to-do eastern suburbs, this incredibly consistent, semi-managed and well-known restaurant is a great opportunity for anyone wanting to be involved in the thriving hospitality sector.
Over the years, the restaurant has built up a reputation for tasty food, friendly service and an inviting, yet casual, atmosphere. The restaurant appeals to a wide range of customers including families, couples, groups as well as business people and tourists. So, not surprisingly, the business generates annual sales of over $1m and has developed a strong customer base of both locals and visitors to the area.
It’s also relatively straightforward to operate, has great staff and is a favourite for many people living nearby.
Be quick as the Vendor is asking only $728,000 plus stock!
+64 9 555 6029
+64 21 943 844
*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.