Profitable Restaurant. Fantastic Little Operation.

$340,000Auckland CityListing: #EL00565


Auckland City  


$340,000


Food/Hospitality
$150,000


About this business for sale

Profitable Restaurant. Fantastic Little Operation.

This is just such a great restaurant. I go here as a customer so I know it well.

Whilst it is small, it punches above its weight. The chef is not the owner and all kitchen staff should be staying even after a sale.

Costs are nicely controlled here with food costs and wages just under 30%. With wages well under 10% there is a surplus here for a working owner of around $153,000 per annum.

  • Open just 30 hours a week. 6 days 5pm to 10pm
  • Metro Top 50 restaurant
  • Very attractive fit-out
  • Excellent suburb. Affluent area with a high average spend
  • Regular customers and the place to build up strong contacts and friendships
  • 16 year lease

This is just a well-run and incredibly popular restaurant. Open just 30 hours a week you will enjoy a surplus of over $150,000 per annum here.

Asking $340,000 plus stock

Ref: EL00565

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

*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.