Link Business

Spectacular Provincial Thai Restaurant

Listing: #EL02113
price

$775,000

Profit

$375,000

sales

$1,235,424

industry

New Plymouth

Industry

Food / Hospitality


Hamish Aitcheson

Broker | Auckland - Ellerslie

Hamish Aitcheson

hamish.aitcheson@linkbusiness.co.nz

+64 9 869 3820

+64 21 779 018


About this Business for sale in New Plymouth

Spectacular Provincial Thai Restaurant

Serving traditional Thai Cuisine in the heart of this prosperous provincial town since 2011, the restaurant is a local favourite. There is a private function area with seating for up to 40 and the main dining room seats up to 100 people. Food is prepared fresh from quality ingredients and presented with sophisticated elegance in a stunning dining setting. There is a strong focus on family dining and the business trades exceptionally well, year-round.

The business is a very strong financial performer. A working owner can expect to make profits of around $375k per annum with excellent accounts available. There is a great lease in place and rental is just 3.7% of turnover – amazing!

 

  • Strong maintainable profit potential
  • Well established local favourite
  • Sound lease with very modest rental
  • Wonderful lifestyle opportunity in the provinces
  • Exceptional return on investment

 

An ideal investment for a group or an individual, this well-established restaurant is turn-key and ready for a new owner to reap the rewards. This is a star of this small and tightly held franchise group. Either choose to continue with franchise arrangement or operate independently.

Enquire now as this business is very keenly priced and sure to attract interest.

 

Asking $775,000

Auckland - Ellerslie
hamish.aitcheson@linkbusiness.co.nz
+64 9 869 3820
+64 21 779 018
Enquire Now

*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.