Link Business
*** SOLD ***

Outstanding Restaurant $330k+ Profit

Listing: #EL01307
price

$599,000

Profit

$330,000

sales

$1,100,000

industry

Auckland City

Industry

Food / Hospitality



About this Business for sale in Auckland City

Outstanding Restaurant $330k+ Profit

What a restaurant we have on offer here!

Consistent sales and huge profits, simple systems and short operational hours are just a few key factors that help make this restaurant stand out from the rest on the current market.

Not to mention, with an Asking Price of only $599k plus stock, the return on investment here is unheard of at 59%!!! If you can find something better, then I'll eat my hat!

This is very much a fun and interactive eatery which continues to get rave reviews from its many regular customers for its excellent service, food and atmosphere.

Being located in a central Auckland suburb and only open for 35 hours a week (mainly in the evenings) you really will be hard-pressed to find a better opportunity than this.

Business Highlights

  • Sales - $21,000 per week (inc GST)
  • Cost of Goods – 30%
  • Wages – 29%
  • Rent to sales ratio – 5%
  • SDE/EBPITDA for the last 12 months - $335,915
  • Long & secure lease

This business is currently run fully managed, but there is an opportunity for an owner/operator to step in.

Asking Price - $599k plus stock

Jeff Wiley - 021555384

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.