%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 ***
Bargain Price -- Restaurant for Sale
Listing: #19915
Yong Wu
Broker | Auckland - North Shore
This listing is no longer taking enquiries as it is SOLD
Print or Share this Listing
About this Business for sale in North Shore City
Bargain Price -- Restaurant for SaleThis 2013 Metro winning cafe and restaurant business is nearby the beach in North Shore. Beautiful restaurant decorations inside and outside. Two well-equipped kitchen for cooking and preparation. It is located nearby the beach and bus stop that provide stable foot traffic for the restaurant. The current owner originally spent more than half million to settle the business up. Unfortunately, his wife has sickness and needs more care while some family reasons make him go back to overseas. These unexpected changes force him to make a quick sale on this valuable restaurant business. The turnover of the first trading year was almost $1 million, but now he closed half site of the shop and only trading 5 days a week due to above reasons. This restaurant has a huge potential growth of getting more profit margins: extending the trading hours and re-opening half site as a day-time cafe. If you are an experienced hospitality person, please call Craig to view this excellent business and you can bring it to the next level! Vendor wants a quick sale, please call me to view it now!
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.