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Japanese Restaurant Auckland CBD
Listing: #EL00491
Henry Han
Broker | Auckland - Ellerslie
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About this Business for sale in Auckland City
Japanese Restaurant Auckland CBDThis lovely Japanese restaurant has been established for over 20 years. It has a stable clientele and remains as an iconic Japanese cuisine in this competitive market.
Located on main shopping street in Auckland CBD, this restaurant is well recognized locally. High tourist, student foot traffic flow and many corporate office workers in close vicinity.
The business is currently under management, but will improve in sale and profitability under owner operator.
Long lease and reasonable rent.
The business is now under staff management. With over $14,000 per week turnover this business could make a good profit for working owner.
*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.