Ad ID: 79411 Inactive

Cafe for Sale Palmerston North

Opportunity Ahead. Profitable Kebab Business

Location:
Asking:
$325,000

Business for Sale Description

Cafe for Sale Palmerston North

This busy and long established Kebab restaurant is 240 meters squared and located on a Busy Road in Palmerston North . It has been under the same ownership for 8 months but has been operating for over 10 years. The business operates as a traditional Kebab restaurant. It holds traditional events such as belly dancer nights. This is a great opportunity to get into a hospitality business. The current owner is a busy other business commitments, he bought this restaurant to provide job opportunities for his relatives but they no longer need this. 

Asking Price - $325k 

Potential vendor finance with an initial payment of $150k (“subject-to” offers) .

Average Weekly Turn over approx.. $14,000  inc gst

Rent: $2,916 plus GST per month 

Key Features: 



Great location on a busy road.

Big dining area.

Growth opportunity.

Genuine reason for sale.

Long lease.

Opening Hours 11am-9pm. 

Owner's semi-managed net Profit is over $100k.

There is an opportunity to make over $200k net profit for a working couple.


Please contact: 


Serdar Kabul, DDI: (09) 394 0574 (OR) MOB: 021 188 6144 


serdar.kabul@linkbusiness.co.nz


Reference: EL01954

If you’re interested in this business, please copy and paste the web address below to enquire:  

https://linkbusiness.co.nz/businesses-for-sale/EL01954/Opport

unity-Ahead-Profitable-Kebab-Business

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