Listing #:1461716763

Multi-Site Southeast Asian Authentic Restaurant - City Central

Location: Auckland City, Auckland
Weekly Sales = $17,684.47 (GST Incl)
Annual Rental = $56,765 (GST Excl)
Turnover to Rent Ratio = 7%

Ever wanted to own a business that has multiple outlets?

This Authentic Asian restaurant is not your average and boasts a following of people who regularly dine at one or more of the outlets.

Business Highlights
- Strong weekly sales
- 2017 Profit: $129,000 Fully managed or $174,000 to 1x Working owner
- 3 new "Express" locations added in the last 12 months with potential to add more
- New event catering / event food caravan added with lots of forward bookings
- Seating for 70
- Running under full management

Current wage costs are high at over 34% and COG's above 34%, this leaves massive opportunity for a sharp operator to add a substantial amount to the already healthy bottom line.

Want to find out more? Give Sterling Arnet the hospitality specialist a call today to discuss.

Asking Price: $470,000 + Stock of $10,000
Agency Reference: KA1547

Agency reference #: KA1547
Asking price: $470,000
Listed: Tue 7 Nov, 9:59 pm
Sterling Arnet
Kakapo Business Sales Limited
  • Contact details
  •  (021) 02685891


Advertiser's details

Sterling Arnet
  •  (021) 02685891
Kakapo Business Sales Limited
(021) 1256898

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Expires: Sat 28 Jul, 9:03 am
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