Listing #:4686502923
Wonderful Neighbourhood Eatery. $19k PW. Perfect Suburb
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Location: | Auckland City, Auckland |
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What a fantastic ‘neighbourhood’ restaurant! This place sits in the heart of one of Auckland’s best dining areas where the locals rarely feel the pinch of hard economic times and where eating out is a must!
It is a cosy and inviting place where locals meet for a glass of wine and regulars come for the fantastic Mediterranean food. Whilst the place has a strong nod towards Italian cuisine, the menu encompasses most of the Mediterranean area.
This restaurant has a fantastic wood fired oven PLUS a takeaway window just off the kitchen that is SO useful when the restaurant is humming.
This is a beautifully presented business. It’s smart without being too smart. It’s casual but with an air of sophistication. There is seating for 42 inside and 6 tables outside seat a further 18.
BUSINESS HIGHLIGHTS
• Sales are just under $19,000 per week (inc GST)
• A working owner will make a surplus of around $182,000 on current trading.
• Strong lease in place
• Food and Wage costs are well controlled
• Premium location in a premium suburb
• Relatively short trading hours
• Genuine growth potential
WHO WOULD THIS SUIT?
You will probably be someone with excellent customer service skills and some strong business experience. It is not essential that you have hospitality experience but that would certainly be an asset. There is a strong team in the kitchen and capable FOH staff. A husband-and-wife team would do exceptionally well here.
If you are someone (or a couple) who have dreamt of owning the ‘perfect’ little neighbourhood restaurant where you can build strong relationships with your customers ... this is it!!
If you are a Chef or FOH person .. this is easy! It’s a place where you can really stamp your mark.
PRICE
This restaurant is nicely established and is capable of more! We have priced this conservatively at 2.5x the current surplus. Everything here is neat and tidy and no fishhooks in the lease. This is good buying!
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
Agency reference #: EL04439
It is a cosy and inviting place where locals meet for a glass of wine and regulars come for the fantastic Mediterranean food. Whilst the place has a strong nod towards Italian cuisine, the menu encompasses most of the Mediterranean area.
This restaurant has a fantastic wood fired oven PLUS a takeaway window just off the kitchen that is SO useful when the restaurant is humming.
This is a beautifully presented business. It’s smart without being too smart. It’s casual but with an air of sophistication. There is seating for 42 inside and 6 tables outside seat a further 18.
BUSINESS HIGHLIGHTS
• Sales are just under $19,000 per week (inc GST)
• A working owner will make a surplus of around $182,000 on current trading.
• Strong lease in place
• Food and Wage costs are well controlled
• Premium location in a premium suburb
• Relatively short trading hours
• Genuine growth potential
WHO WOULD THIS SUIT?
You will probably be someone with excellent customer service skills and some strong business experience. It is not essential that you have hospitality experience but that would certainly be an asset. There is a strong team in the kitchen and capable FOH staff. A husband-and-wife team would do exceptionally well here.
If you are someone (or a couple) who have dreamt of owning the ‘perfect’ little neighbourhood restaurant where you can build strong relationships with your customers ... this is it!!
If you are a Chef or FOH person .. this is easy! It’s a place where you can really stamp your mark.
PRICE
This restaurant is nicely established and is capable of more! We have priced this conservatively at 2.5x the current surplus. Everything here is neat and tidy and no fishhooks in the lease. This is good buying!
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
Agency reference #: EL04439
Business buyer’s checklist
Asking price: $470,000
Listed: Tue 30 Apr, 2:28 pm
Nick Giles
Link Business Broking Ltd
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Contact details
- (09) 5556039
- (021) 676832
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Expires: Tue 25 Jun, 2:28 pm