Family Restaurant Business for Sale in Levin
| Asking: |
$650,000 |
Click for more images
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| Turnover: |
$1,552,858 |
| Type: |
Restaurants/Cafes/Bars |
| Location: |
Levin |
| Cobb & Co Levin. The only Licensed Family Restaurant in the Horowhenua region. Seats 120, with 2 bars, a public bar licensed for 150 and a functions bar for 150. |
| Business
Description: |
After 18 years of ownership, the Levin Cobb and Co, located on the Corner of Oxford and Durham Streets, is now for sale and presents an outstanding opportunity as the only family restaurant in the Horowhenua region.
The business hosts a Cobb and Co restaurant which seats 120, plus 2 bars, a public bar licensed for 150 and a functions bar for 150. The business also hosts 18 gaming machines.
Cobb and Co Levin has a 20 year lease which expires in November 2025.
Sales for the 2010 FY were the best for this store in the last 5 years and it was the second best performing store in the franchise group for 2010. This business is a 6 times winner of the Best Restaurant Award for the Franchise. The Levin Cobb and Co restaurant showed an ROI in 2010 of 26.6% on asking price of $650,000 (inclusive of stock). Call now for more details! |
| Business
Resources: |
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| Contact: |
| Dave Morgan from Link - Wellington Business Brokers (Licensed Agent REAA 2008) on 04 472 7602 or 021 471 992, any time, or email davem@linkbusiness.co.nz (Broker Ad ID: 12654)
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| Listing ID: 19277
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| Listing URL: |
| www.nzbizbuysell.co.nz/19277
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