Listing #:4298560124
Thai Restaurant, New Plymouth | $300k Profit, Asking $295,000!! Must Sell.
| Location: | New Plymouth, Taranaki |
|---|
Thai Restaurant, New Plymouth | Averaging $300k in Managed Profits Over 3 Years!
Serving traditional Thai Cuisine in the heart of this prosperous provincial town since 2011, the restaurant is a local favourite. There is a private function area with seating for up to 40 and the main dining room seats up to 100 people. Food is prepared fresh from quality ingredients and presented with sophisticated elegance in a stunning dining setting. There is a strong focus on family dining and the business trades exceptionally well, year-round.
The beauty of this business is that it's success is not limited by its ethnicity!
The business is a very strong financial performer. A working owner can expect to make profits over $300k per annum with excellent financial accounts available. There is a great lease in place and rental is just 3.7% of turnover – amazing!
• $21,000 to $22,000 in weekly sales
• Well established local favourite
• Sound lease with very modest rental
• Wonderful lifestyle opportunity in the provinces
• Exceptional return on investment
ASKING PRICE: $295,000
An ideal investment for a group or an individual, this well-established restaurant is turn-key and ready for a new owner to reap the rewards. This is a star of this small and tightly held franchise group. Either choose to continue with franchise arrangement or operate independently.
To find out more, go to linkbusiness.co.nz/EL04077 and press the “Enquire Now” button to complete an online confidentiality agreement.
Get in touch with the brokers:
RON VAZIRANI - M: 021 294 2978 | E: ron.vazirani@linkbusines.co.nz | DDI: 09 555 6036
BIKRAM SINGH - M: 022 095 0966 | E: bikram.singh@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Agency reference #: EL04077
Serving traditional Thai Cuisine in the heart of this prosperous provincial town since 2011, the restaurant is a local favourite. There is a private function area with seating for up to 40 and the main dining room seats up to 100 people. Food is prepared fresh from quality ingredients and presented with sophisticated elegance in a stunning dining setting. There is a strong focus on family dining and the business trades exceptionally well, year-round.
The beauty of this business is that it's success is not limited by its ethnicity!
The business is a very strong financial performer. A working owner can expect to make profits over $300k per annum with excellent financial accounts available. There is a great lease in place and rental is just 3.7% of turnover – amazing!
• $21,000 to $22,000 in weekly sales
• Well established local favourite
• Sound lease with very modest rental
• Wonderful lifestyle opportunity in the provinces
• Exceptional return on investment
ASKING PRICE: $295,000
An ideal investment for a group or an individual, this well-established restaurant is turn-key and ready for a new owner to reap the rewards. This is a star of this small and tightly held franchise group. Either choose to continue with franchise arrangement or operate independently.
To find out more, go to linkbusiness.co.nz/EL04077 and press the “Enquire Now” button to complete an online confidentiality agreement.
Get in touch with the brokers:
RON VAZIRANI - M: 021 294 2978 | E: ron.vazirani@linkbusines.co.nz | DDI: 09 555 6036
BIKRAM SINGH - M: 022 095 0966 | E: bikram.singh@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Agency reference #: EL04077
Business buyer’s checklist
Asking price: $295,000
Listed: Tue 29 Aug, 10:27 am
Ron Vazirani
Link Business Broking Ltd
-
Contact details
- (09) 5556036
- (021) 2942978
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Agent's details
Ron Vazirani
- (09) 5556036
- (021) 2942978
Link Business Broking Ltd
(09) 5799226
Expires: Wed 15 May, 9:43 am
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