Good spot with huge potentialListing: #EL01814
About this Business for sale in Auckland CityGood spot with huge potential
This beautiful Asian restaurant is located in fast developing area in Albany which is surrounding by offices, retail shops, a lot of restaurants and very close to schools. The current owner is doing Korean cuisine. However, a great opportunity to change to a Cafe, other style restaurant or keep it Korean BBQ buffet.
- Rent is only $1,467 per week incl. GST, outgoings, water, rates, insurance and rubbish collections.
- Seats 60- 70 including a big courtyard,and potential to put more tables and chairs.
- Weekly sales are $12,000 and only open 5 and half days at the moment.
- This restaurant has plenty of parking which is becoming scarcer in the Albany area.
Asking price is $190,000.
+64 9 555 6045
+64 21 284 8168
*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.