Restaurant with accommodation-Central Auckland
Refer to Broker
About this business for saleRestaurant with accommodation-Central Auckland
This is a well set up restaurant with attached accommodation including a separate kitchen, toilet and bathroom facilities which generates a decent rental income to cover major portion of rent of the premises. Net rent payable $278.25 including GST & OPEX per week.
This restaurant is located in an affluent suburb near Auckland CBD with loyal European clientele.
Well laid out set up with ample space to cater parties up to 50 people with dance floor. Fully refurbished last year with brand new massive bar.
Live your passion and make money too.
Weekly T/O around $6,000 to $7,000 PLUS party & catering sales. great margins. Easy to run; everything in place this is an easy business to operate.
The owners are compelled to sell their gem due to other business commitments outside Auckland.
Asking $219,000 (neg) + SAV
Please contact: Anil Vazirani on DDI: 09 525 2645 (OR) MOB: 021 0277 8149
Ron Vazirani on DDI: 09 555 6036 (OR) MOB: 021 294 2978
+64 9 555 6020
+64 21 0277 8149
*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.