Restaurant. EBITDA $1m. ROI 28.5%. Nice!

Auckland City

$3,500,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c09ljt



Such a solid business this one.

Long running and very stable and the owner hasn't worked a day operationally here in their life!

This one would suit a passive investor or someone that would dreams of working ON a business rather than IN it. Expansion perhaps? There's room for it!

Where else can you achieve a return on Investment of 28.5%? Hospitality is risky? Well sometimes but 15 years of proven performance should give you a fair degree of comfort.

Sales 2017 $4,880,649 inc GST or $93,858 per week

Sales 2016 $4,798,689 inc GST or S92,282 per week

Sales 2015 $4,782,475 inc GST or $91,970 per week Over 15 years of solid history Proven steady performance All management and operational systems in place Solid and experienced Management Team EBITDA of close to $1,000,000 per annum. Extraordinary!

This is an exceptional hospitality business that is just solid as a rock. A great mixed customer base ensures that the turnover hardly fluctuates year-on year.

Asking $3.5m plus stock

Reference: EL01119
Ref: EL01119
Timestamp: 20171211054525

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