Link Business

Award Winning Asian Restaurant, Price Drop to Make it Go

Listing: #EL04249
price

$584,000

Profit

$215,000

sales

$2,246,000

industry

Auckland City

Industry

Food / Hospitality


Henry Han

Broker | Auckland - Ellerslie

Henry Han

henry.han@linkbusiness.co.nz

+64 9 579 9226

+64 21 516 588


About this Business for sale in Auckland City

Award Winning Asian Restaurant, Price Drop to Make it Go

Award Winning Asian Restaurant, Fully Managed, Price Drop to Make it Go

 

Vendor reting and wants it sold. This award winning Asian restaurant has so much to offer and you definitely don’t want to miss this opportunity.
The restaurant is located in one of the most desirable street for Auckland hospitality businesses.

Since opening, this business has had consistent growth and has weekly sales of around $50,000 (incl. GST). The rental is incredible of only 5% of turnover which is a great ratio for industry standard.

It is fully managed as the vendors own a few restaurants, so efficient systems are in place for new owner and this surely is a turnkey business opportunity. The owner is looking forward to retirement and offer this rare opportunity to the market.

Location is so important in the restaurant business, and you won't be disappointed when you find out where this one is!

Business highlights:

  • Fantastic location for restaurant close to beach
  • Average Weekly Sales of around $50,000 (incl. GST)
  • Fully Managed business with surplus of over $215,000
  • Incredible rent ratio
  • Motivated vendor and well priced business

 

Price: $584,000 including stock

 

Please contact your business marketing team: 

Henry Han 021 516 588 / 09 555 6068  
Email: henry.han@linkbusiness.co.nz

Susan Han 027 566 8938 / 09 555 6066 
Email: susan.han@linkbusiness.co.nz

Auckland - Ellerslie
henry.han@linkbusiness.co.nz
+64 9 579 9226
+64 21 516 588

Henry Han

Enquire Now
Auckland - Ellerslie
susan.han@linkbusiness.co.nz
+64 9 579 9226
+64 27 566 8938

Susan Han

*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.