Well-known Chinese Restaurant in Eastern Auckland
About this business for sale in Auckland SurroundsWell-known Chinese Restaurant in Eastern Auckland
This Chinese restaurant featuring provincial cuisine in central meadowland Auckland. Closed to many service retail shops, pharmacy and a bus stop.
*Open 6 days (11:00 AM-10:00 PM), ample parking at the front of the shop;
* Seats for 56 people,
* Rent is about $1,066 a week including rates, body corporate and GST.
*Turnover is about $8,500- $9,000 a week, gross profit at about 55%;
If you are looking for a steady and profitable business, here is your opportunity. First time on the market.
Asking price: $160,000.
For more details, please call Bryan.
+64 9 930 0200
+64 21 283 6666
*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.