Profitable Restaurant. Fantastic Little Operation.

Auckland City

$310,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bsnttg

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 10pmMetro Top 50 restaurantVery attractive fit-outExcellent suburb. Affluent area with a high average spendRegular customers and the place to build up strong contacts and friendships16 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 $310,000 plus stock

Ref: EL00565
Ref: EL00565
Timestamp: 20171120054508

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