Link Business
*** SOLD ***

High Profile & Profitable Suburban Eatery / Sales $45k+ per week

Listing: #EL01752
price

$1,120,000

Profit

$400,000

sales

$2,164,270

industry

Auckland City

Industry

Food / Hospitality


Jeff Wiley

Broker | Auckland - Ellerslie

Jeff Wiley

jeff.wiley@linkbusiness.co.nz

+64 9 555 6011

+64 21 555 384

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Auckland City

High 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

Reference: EL01752

Auckland - Ellerslie
jeff.wiley@linkbusiness.co.nz
+64 9 555 6011
+64 21 555 384

Jeff Wiley

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.