%20Banner%20images/SeminarWebsitebannerDESKTOP.jpg "Business Support Line")
%20Banner%20images/0152%20Seminar%20Website%20banner%20TABLET%20300dpi.jpg "Business Support Line")
%20Banner%20images/0152%20Seminar%20Website%20banner%20MOBILE%2072dpi.jpg "Business Support Line")
.png)
*** SOLD ***
Simply Wonderful Suburban Restaurant. $50k Sales
Listing: #18758
Nick Giles
Broker | Auckland - Ellerslie
This listing is no longer taking enquiries as it is SOLD
Print or Share this Listing
About this Business for sale in Auckland City
Simply Wonderful Suburban Restaurant. $50k SalesThis a fabulous local restaurant that enjoys huge amounts of repeat business. There is a lovely warm feel in this place with a good choice of seating options whether you are here for a social glass of wine after work or to enjoy the complete dining experience. This restaurant prides itself on doing the basics extremely well. Average sales are in excess of $50,000 per week and costs are all in line as you would expect. The accounts are all in good order and a working owner should expect to earn north of $410,000 per annum here. This is a great business to invest in with proven results and a business to be proud of owning. You may be someone with strong hospitality experience – there is always more that can be achieved here – or someone that has that natural flair with people, experience in a service orientated environment and the business acumen to maintain what has already been achieved. The owner is willing to give good training and support. If you had a manger in place on a salary of $70k, you would achieve a Return On Investment of 31%. Asking $1.1m plus stock
Enquire Now
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.