Ad ID: 74842 Inactive

Restaurant and Takeaway Business for Sale Auckland

City Fringe Burger Site - $50,000 Weekly Sales & $53,000 Annual Rent

+GST if any

Business for Sale Description

Restaurant and Takeaway Business for Sale Auckland

This burger beast pumps out average weekly sales of $50,000+ with individual weeks reaching as high as $80,000! The cherry on top is an annual rental of $53,000+GST with a secure lease through to 2028.

So whats the catch? This business is being sold as a site only and you will need to launch your own burger concept.

The current operator is moving out March 1st 2019 and we're looking for an operator with a strong hospitality background to take over the reins of this golden site, the current fit-out including all fixtures and fittings will remain which means you just need to rock up with your burger concept on March 2nd and hit the ground running.

This exclusive and confidential opportunity is open to proven hospitality operators only, please note you will be required to submit your hospitality experience prior to receiving any information.

Business Highlights

- 2018 Weekly sales average of $50,000+ (GST Incl)

- 2018 Annual rental including of $53,000+GST 

- 2018 Rent to turnover ratio of 2.3%

- Seating for 48

- High foot traffic with loads of car parking

- Fully licensed with no brewery contracts in place

- Quality chattels - Full list available on application

- Inherit a functional kitchen that can handle large capacity

- Available for takeover March 1st 2019 giving you time to plan

Neighbouring businesses are doing big turnover.. Call James Ashwin today on 0211256898 to make an appointment.

Asking Price: $289,000 

Agency Reference: KA1623

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