Outstanding Restaurant $330k+ Profit
Listing: #EL01307About this Business for sale in Auckland City
Outstanding Restaurant $330k+ ProfitWhat 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
*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.