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*** SOLD ***
Managed Restaurant. Long History. Great Profits
Listing: #16739
Nick Giles
Broker | Auckland - Ellerslie
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Auckland City
Managed Restaurant. Long History. Great ProfitsThis is an iconic and very well established restaurant that has been run entirely under management for the past 8 years or so. The systems are very much in place and a managed profit of $150,000 can be expected (over $200,000 for a working owner). Sales are over $25,000 per week and all costs are well controlled. If you are after a solid business that requires minimal supervision, or you want to take the reins and increase profits still further, this is a fantastic choice. Asking $450,000
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This listing is no longer taking enquiries as it is SOLD
*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.