Fully Managed, A Beautifully Designed Licensed RestaurantListing: #EL02951
About this Business for sale in Auckland CityFully Managed, A Beautifully Designed Licensed Restaurant
This fully managed, beautifully designed restaurant has high ceilings and two bars – one in the restaurant and another in separate area. It has a well designed kitchen with a separate dishwashing area.
Exceptionally strong Auckland CBD location for 10 years - Indian Dine-In Restaurant, which is easily convertible to any cuisine with top class set up.
Highly reputable restaurant. Anyone new can take immediate advantage of the huge presence developed over the last several years. This restaurant has always scored A’s in the FCP. It has had very consistent sales all year round as it attracts local apartment residents, office crowds, domestic and international tourists (when borders open), students & university staff.
Post COVID sales are steadily rising. It has an excellent location and looks spectacular.
The existing trade name and all intellectual property will not be included in the sale; the buyer will be required to change the trade name immediately after settlement.
The premise has a huge kitchen and sitting space, and all the equipment and furniture are owned and are in excellent condition.
Great thing about this business:
- Fully managed
- Currently run as a Franchise with huge scope to grow as an independent operator
- Open 6 days per week as one chef is stuck in India; however, it was normally open 7 days per week
- Pre COVID-19 sales were around $17,500 (including GST) per week
- Post COVID-19 sales are between $11,000 and $14,000 (including GST) per week
- Top class location in Auckland CBD
- Uber sales high, potential to grow further
- High foot traffic on this bustling street
- Low operating costs
- Understanding landlord and a strong lease in place
Asking price only $90,000 plus stock, if any.
To find out more, go to linkbusiness.co.nz/EL02951 and press the “Enquire Now” button to complete an online confidentiality agreement.
For more information please contact:
Rafiq Bhamani on 021 129 1916 email@example.com
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#restaurant #hospitality #auckland
+64 9 555 6031
+64 21 129 1916
*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.