Money Machine Restaurant Profit $300k
Listing: #CS00893Smina He
Broker | Christchurch

About this Business for sale in Christchurch
Money Machine Restaurant Profit $300kDiscover a rare opportunity to own a highly profitable Asian restaurant located in the bustling suburb of Rolleston, Christchurch. This well-established business for 9 years with boasting a loyal customer base and a reputation for excellence.
Business Highlights:
- Fully Managed: This business operates smoothly under full management, allowing for an easy transition for the new owner.
- Stable Clientele: A loyal and consistent customer base ensures steady revenue.
- Prime Location: Strategically positioned in a prime area with convenient parking facilities, attracting regular foot traffic.
- Spacious Dining Area: The restaurant spans 93 square metres and comfortably seats 40 guests.
- Proven Financial Performance: With a strong track record of stable financials, the business has generated over $1 million in annual turnover for the past five years.
- Low Rent: Rent is only 3% of the annual turnover, enhancing profitability.
- Impressive Revenue: In 2023, the business achieved turnover of $1.4 million.
- Substantial Profit: The owner enjoys a net annual profit of approximately $300,000.
This is a golden opportunity to step into a thriving business with a proven success record and significant profit margins. Don't miss out on this lucrative investment.
For more details or to arrange a viewing, please contact us today.
Smina He, 0276 588 589, smina.he@linkbusiness.co.nz
***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.
#wesellbusinesses #buyajob #hospitality #christchurch
*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.