One Off Opportunity! KuKu restaurant is up for saleListing: #WL00440
About this Business for sale in Upper HuttOne Off Opportunity! KuKu restaurant is up for sale
Business website: www.kukurestaurant.co.nz
If this is an opportunity that interests you, make an offer today!
This business is in a premium location in Wellington's only craft beer complex - 5 venues all located in one destination. Capitalise on this rare opportunity to secure one of the most desirable locations in Brewtown Upper Hutt.
Great asking price! Selling for less than asset value as the business is new and hasn't started making a profit yet. 2021 sale revenue over $400,000, open only 5 days with short hours.
Modern and attractive fit out in great condition, ready for new owner to transform this space! There is plenty of potential to turn this business into any operation desired. Suitable for a new or experienced owner/operator.
Key features of the business include:
- Kuku restaurant opened for business February 2019
- Large space of 270sqm
- Full commercial kitchen
- Rent $46k p.a.
- Secure long lease to 2035
- Seating for 90 indoors, and 50 outdoors, plus a function room and indoor child play area
- Massive free car park in front of the restaurant
- Suitable for any food preparation
- Chattel sale
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***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.
*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.