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Restaurant-Being your own Boss
Listing: #WL00041
Benny Wang
Broker | Wellington
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About this Business for sale in Wellington Central
Restaurant-Being your own BossThis fully licensed restaurant has been operating for over 9 years and has only become available because the owners have to move.
Currently operated by a husband and wife team plus two casuals, it makes a wonderful family business. The opportunities for growth are massive as the restaurant is a very popular choice among locals.
The current capacity of this licensed restaurant is 30 seats. The restaurant operates Tuesday - Saturday for both lunch and dinner. Sunday for dinner only. Currently closed on Monday's and also public holidays.
The yearly rental $18,000. This business would suit someone looking for a strong boned business, that has the opportunity to build on and to make your own without the upfront expense and risks involved in starting from scratch.
If you are in the market for something that is attractively priced, this is one to look at.
*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.