Ad ID: 65472

Restaurant for Sale Kingsland Auckland

Farang Cafe & Bistro - Kingsland.

Location:
Asking:
$148,000
+ Stock of $2,000
Turnover:
$300,000

Business for Sale Description

Restaurant for Sale Kingsland Auckland

One of the best Thai places in town! 

Weekly Sales = $6,000 (GST Incl) 

Current Annual Rental = $38,800 (GST Excl) 


This sweet, sour and salty fusion café is bringing Thai home style cooking to Kingsland! Beautiful white wood interior, quirky wooden chairs creates a relaxed atmosphere where amazing food is created. 

With a loyal Kingsland following, Farang fits right in with the local clientele and offers something unique, fresh and interesting enough to satisfy the palates of kingslander’s while keeping things spicy. Praised in magazines as the closest thing to real Thai food in Auckland. “Bad Thai food is like bad sex. If you have enough of it, you start to forget what it’s meant to be like” Viva – Jesse Mulligan 8/10 


Business Highlights 

- Strong weekly sales average of $6,000 (GST incl) 

- 2017 Profit: $64,230 

- Long and secure lease through to 2025 

- Open 5 days 


Current COG's are running high at 40%, this leaves a great opportunity for a sharp operator to become much more profitable. There is also the option of removing the BYO to improve liquor sales and profitability. 

Want to find out more? Give Sterling Arnet the hospitality specialist a call today to discuss. 


Asking Price: $148,000 + Stock of $2,000

Agency reference #: KA1548

Interested In This Opportunity?

Email To A Friend / Myself

 

Kakapo Business Sales Ltd
For more info
Contact:

Sterling Arnet - Business Broker

Sterling Arnet
02102685891
Kakapo Business Sales
REAA 2008
Broker Ref: KA1548

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