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*** SOLD ***
Prime Location - Local Landmark
Listing: #20410
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About this Business for sale in Whangarei
Prime Location - Local LandmarkThis business is located at one of Whangarei's top spots for hospitality. This is a well established landmark, on a prime location with a solid customer base of local residents. A fully managed operation with well trained staff. This would make it easy for a new owner to get involved with minimal training. The current has involvement for only up to 15 hours per week. Operating this well established and highly regarded restaurant offers the owner an attractive lifestyle where you get to work your own hours and still receive huge rewards. Current owner works around 15 hours per week with earnings before interest, tax and depreciation of approx $140,000 per annum. The business is priced to meet the market. Please complete the Confidentiality Agreement to receive more information.
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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.