Profitable Suburban Family Restaurant

Auckland City

$1,250,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bz5ymp



This restaurant is iconic in its neighbourhood and has a very long and strong history of serving simple, but quality food.

It is an easy format and open just 35 hours per week! Sales are consistent and a full time working owners should make around $350,000 surplus here.

Critically, the customers do not associate the business entirely with owner. Most don't know he is the owner and he works just 2 nights a week.Strong salesRent under 5% of turnoverHigh margin menuJust 35 hours a weekCustomers go for the place not for the ownerVery long serving and loyal staff.

Asking $1.25M plus stock

Reference: EL00723
Ref: EL00723
Timestamp: 20170820054510

Enquire about this business