Listing #:5211709488

Chinese Restaurant in Albany - Prime Location

Location: Auckland City, Auckland
This restaurant is located in the most prestigious Cuisine hub on the North Shore, a highly sought-after area for restaurant owners. Originally designed and renovated at significant expense, this restaurant features a top-tier layout and kitchen facilities. The interior comfortably accommodates 28 seats, while the nearby shopping district offers ample free shared parking.

Currently managed by employees, the restaurant generates a weekly turnover of $19,000+ (including GST). The rent is $1,214.50+GST per week, recently reviewed on September 1, 2024, ensuring buyers won’t face unexpected rent increases when transferring the lease.

The restaurant previously held a full liquor license, allowing operations from 11:00 AM to midnight. The current owner has chosen not to renew it, but buyers can easily reinstate it if needed.

The sale does not include the brand. Buyers are free to modify the menu and operate the business according to their own vision.

Asking Price: $298,000

Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/business-for-sale/181/

Post executing the NDA, we will be in touch to understand your business experience and financial position.

Jane Gu
Email: jane.gu@kauribusiness.co.nz
Mobile: 022 0280891
WeChat: gxj844560899

Kauri Business Sales (Licensed REAA 2008)

Agency reference #: 181
Asking price: $298,000
Listed: Tue 11 Mar, 3:54 pm
Jane Gu
Kauri Business Sales
  • Contact details
  •  (022) 0280891

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Agent's details

Jane Gu
  •  (022) 0280891
Kauri Business Sales
(0800) 452874

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