Well Known Chinese Restaurant, Solid T/Os and Cheap Rent Means Good Cash Surplus 中餐館

$190,000HamiltonListing: #BPW00283


Hamilton  


$190,000


Food/Hospitality
Refer to Broker


About this business for sale

Well Known Chinese Restaurant, Solid T/Os and Cheap Rent Means Good Cash Surplus 中餐館


A busy Chinese restaurant is on the market for the first time ever.  Very authentic Chinese style cuisine, on a busy location with a decent size commercial kitchen, the restaurant is becoming one of the favorite dining places to local Chinese and others. 

  • Cheap Rent, well under 10% of the turnover
  • Solid turnovers, over $10K a week
  • Simple operation, previous experiences would be helpful but not essential.
  • Training provided, the vendor would provide necessary trainings to the new owners especially on daily operation, kitchen management and cooking skills
  • High gross margins
  • Great potentials on sales growth by extending trading hours.
  • Strictly confidential listing. Sincere buyers only. 

 

Any genuine Chinese speaking purchasers who has passions on both food and operating business shall contact me for further information.

 

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

 

 

Waikato
paul.lu@linkbusiness.co.nz
+64 7 579 4994
+64 21 047 4988

Paul Lu

*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.