Profitable Restaurant. Fantastic Little Operation.
About this business for saleProfitable 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
+64 9 555 6039
+64 21 676 832
*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.