2 in 1 business for saleListing: #EL01978
About this Business for sale in Auckland City2 in 1 business for sale
This business is located in one of the hottest spots in town. It is surrounded by universities, office buildings and enjoys a large amount of foot traffic.
Large site: restaurant, commercial kitchen, bar plus 12 private Karaoke function rooms.
Restaurant: 80-100 seats.
Liquor Licence: 8am to 4am.
Karaoke: over 50,000 songs to choose from.
Weekly turnover on 2018 report is $22,256 incl. GST.
Rent is reasonable and lease is long and secure.
SDE is more than $200,000 per year.
A rare to find on the market!
If you want to learn more, please give Vivian a call on 021-2848168.
Asking price is $500,000 plus stock.
+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.