Link Business

Seriously Fun Restaurant Makes $180K Profit

Listing: #EL05273
price

$415,000

Profit

$178,000

sales

$956,000

industry

Auckland City

Industry

Food / Hospitality


Rafiq Bhamani

Broker | Auckland - Ellerslie

Rafiq Bhamani

rafiq.bhamani@linkbusiness.co.nz

+64 9 579 9226

+64 21 129 1916


About this Business for sale in Auckland City

Seriously Fun Restaurant Makes $180K Profit

Super fun fusion restaurant with impeccable history, located in a vibrant, hospitality-rich area of Auckland. This is 'experiential dining' done properly — a fully licensed venue serving bold and delicious street food on one of the city's most established and heavily patronised dining corridors.

Trading seven days on a dinner-led model, the business generates average weekly sales of approximately $21,000 inc GST — around $1M annualised — producing working owner profit of almost $180,000. Trade is spread evenly across the week, with revenue diversified across dine-in, delivery and catering.

Behind the scenes it is impressively settled. The kitchen is anchored by a wok chef with ten years at the venue, while experienced restaurant and bar managers run the floor. AEWV accreditation, valid staff contracts and a current food control plan mean compliance is in excellent order.

Occupancy cost sits at approximately 6.3% of revenue under a lease running to 2031 with rights of renewal. The awarded brand includes a professional marketing engine, strong social following and online ordering — with clear growth in lunch trade, functions and catering.

Why buyers will love this business:

  •  Consistent seven-day trade
  •  SDE of $178,189 — approx 2.2x multiple
  •  Ten-year-tenured wok chef, settled team of nine
  •  AEWV accreditation in place
  •  Low occupancy cost, lease to 2031
  •  100-seat licensed venue, award-winning cocktails

 

Opportunities like this rarely reach the market.


Price: $400,000 plus stock. Further information available to qualified purchasers.

Contact: Rafiq Bhamani, +64 21 129 1916, rafiq.bhamani@linkbusiness.co.nz 

*Please refer to the LINK website for full disclaimers.

Auckland - Ellerslie
rafiq.bhamani@linkbusiness.co.nz
+64 9 579 9226
+64 21 129 1916

Rafiq Bhamani

Enquire Now

*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.