www.nzbizbuysell.co.nz/109056
Ad ID: 109056

Pasta & Cuore Restaurant for Sale Mt Eden Auckland

Pasta & Cuore Mt Eden For Sale! Passion, Quality & $280k Profit!

Location:
Asking:
$725,000 plus Stock

Why buy this Pasta & Cuore Restaurant Business

Pasta & Cuore Restaurant for Sale Mt Eden Auckland

Pasta & Cuore sits in the heart of Mt Eden Village and is as authentic as authentic can be. Serving beautifully simple, handmade pasta, using treasured family recipes, this place just oozes Italian charm. The Chef and some of the staff are from the Bologna region in Italy that has been the inspiration for this gem of a restaurant. Scan the “interweb” and it is simply heaped glowing articles and reviews.

This Auckland institution is for sale for the very first time. The business is extremely well-established and perfectly run by Head Chef, Gabriele Marangoni. He is very much at the heart of the business and is going nowhere!

There is a strong lease in place and the business enjoys healthy weekly sales. It is open just 5 days for lunch and dinner and some private functions are catered for.

BUSINESS HIGHLIGHTS

• Huge amount of intellectual property comes with the sale

• Strong weekly sales

• Strong lease in place

• Rent 4% of sales

• Highly trained and passionate staff in place

• A superb Head Chef at the helm

• Around $280,000 surplus for a working owner

WHO WILL BUY THIS BUSINESS?

How fantastic would it be to own a truly authentic Italian restaurant? There are SO few around in NZ and this one oozes charm.

You may be a hospitality person or group who recognises the value here beyond the profit. You may be just a fan (as I am!). Maybe you like the idea of owning your own slice of Italy and using your business brain to work with Gabriele to expand the business – perhaps even beyond its 4 walls – such are the opportunities.

WHY YOU WILL BUY IT

Authenticity is rare and there’s a good reason in itself. This is a well-established business with a master at the helm. It is profitable and ticks all the boxes in terms of cost control.

What a wonderful addition to your hospitality stable too!

This place is in control! Fully managed and with staff well and truly in control. As a hands-off investment there is a good $200k EBITDA here. Simple maths will show you a Return on Investment of around 27%.

This is a wonderful business and superbly priced.

Asking $725,000 plus stock

To learn more watch the video here: https://www.youtube.com/watch?v=lOaYMP-iC6A or go to http://linkbusiness.co.nz/EL03581 and press the “Enquire Now” button to complete an online confidentiality agreement.

Nick Giles, 021 676 832, nick.giles@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.

#buybusiness #restaurant #pasta #auckland

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For more info
Contact: Nick Giles

Nick Giles

09 555 6039 or 021 676 832
Anytime
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL03581

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