High Profile & Profitable Suburban Eatery / Sales $45k+ per weekListing: #EL01752
About this Business for sale in Auckland CityHigh Profile & Profitable Suburban Eatery / Sales $45k+ per week
Situated in a prominent area that is well regarded for it’s great restaurants, but at the same time this place is in a league of it’s own.
Dominating with sales of $45,000+ per week, which have been consistent for the last 3 years and with rent coming in at only 2.67% last financial year there are big profits to be made.
Superb management currently runs this slick operation 7 nights a week and 2 lunches on the weekend.
As a customer as soon as you walk in you know you are in for an amazing experience, just so much excitement and buzz in the atmosphere, very few leave unimpressed.
- Amazing weekly sales of $45,000 per week (inc GST)
- Rent only 2.67% of sales!
- Long lease until 2031 (includes right of renewals)
- Full management team in place
- Plenty of car parking in the area
A very simple and well-executed concept that would suit either a working owner wanting to take over the Manager’s role or a hands-off owner who would like to sit back and enjoy the success. Previous hospitality experience is not required to own or operate this.
Asking Price - $1,120,000 plus stock
+64 9 555 6011
+64 21 555 384
*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.