Licensed Restaurant - Popular Tourist Destination
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About this business for saleLicensed Restaurant - Popular Tourist Destination
Licensed family restaurant in one of the popular tourist destinations
Can accommodate up to 50 people.
Current Weekly T/O $8,000 to $9,000 with potential of growth.
Two bedroom accommodation attached to the premises for the owner/chefs to stay.
Plenty of convenient car parks.
Rent $724.16 including GST & OPEX.
Currently operating under Staff Management
Asking $135,000.00 + SAV
Anil Vazirani on DDI: 09 525 2645 (OR) MOB: 021 0277 8149
Ron Vazirani on DDI: 09 555 6036 (OR) MOB: 021 294 2978
+64 9 555 6020
+64 21 0277 8149
*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.