Huge Restaurant in Central Auckland
About this business for sale in Auckland CityHuge Restaurant in Central Auckland
This restaurant is New Zealand’s most popular buffet restaurant where nearly one million Kiwis love to dine and celebrate every year. The range of special occasions that are celebrated are as diverse as the people who enjoy them, from birthdays to weddings, from bar mitzvahs to Christmas and from anniversaries to Chinese New Year and graduation celebrations, this is the place to enjoy great food, great times and great value.
This restaurant does a weekly turnover of $14,000 - $15,000 excluding GST and has great potential of growth.
Benefits of this business:
Great location in a popular Central Auckland suburb
Well established and loyal clientele
Total restaurant area of around 700 sq meters
Plenty of convenient car parks
Spacious seating area for over 250 people
Big functional kitchen, large storage area and manager's office
Full liquor licensed premises
Currently operating as an European cuisine but the location would also suit a Thai, Indian or Chinese cuisine.
Vendor selling at a bargain price of $99,000 + SAV as the partners are moving overseas.
Please contact :
Anil Vazirani on DDI: 09 525 (A N I L) 2 6 4 5 (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.