Link Business

Profitable Suburban Family Restaurant

$1,250,000Auckland CityListing: #EL00723


Auckland City  


$1,250,000


Food/Hospitality
$346,000


About this business for sale

Profitable Suburban Family Restaurant

This restaurant is iconic in its neighbourhood and has a very long and strong history of serving simple, but quality food.

It is an easy format and open just 35 hours per week!  Sales are consistent and a full time working owners should make around $350,000 surplus here.

Critically, the customers do not associate the business entirely with owner.  Most don’t know he is the owner and he works just 2 nights a week.

  • Strong sales
  • Rent under 5% of turnover
  • High margin menu
  • Just 35 hours a week
  • Customers go for the place not for the owner
  • Very long serving and loyal staff.

Asking $1.25M plus stock

Reference: EL00723

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

*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.