Ad ID: 84646

Restaurant for Sale West Auckland

Successful Italian Restaurant – West Auckland’s Best!

Location:

Auckland

Asking:

$595,000 + SAV

Turnover:

$1,000,000

Type:

Hospitality-Restaurants

Business for Sale Description

Restaurant for Sale West Auckland

Very busy and popular Italian restaurant set in a prime West Auckland location.

This place is one of its kind and probably quite unique in the West Auckland area. Casual and quirky atmosphere with rustic but practical design. The premises seat approx. 100 guests and the place looks great. Very easy to run business with low staff cost and loyal established clientele.

Situated on a high traffic and high visibility street, this popular location provides an excellent mix of residential, business and transient customers.

BUSINESS OVERVIEW:

Years established: 8 years.

Gross sales revenue: Average $19,000 p/w.

Rent: $65,000 +GST per annum

STRENGTHS:

The location offers outstanding demographics, high street visibility and endless foot traffic.

It is situated on a strategic site with a beautiful outdoor seating area overlooking the main road.

The rent is only 6.5% of the turnover.

ASSETS, EQUIPMENT & FIT OUT:

The venue has a fantastic kitchen, beautiful bar and exquisite outdoor seating area.

FINANCIAL INFORMATION:

The financial summary will be provided to prospective qualified purchasers after a Confidentiality Deed has been signed and returned to RE/MAX Associates.

ASKING PRICE:

$595,000 plus S.A.V.

For further information or to arrange an inspection, please contact Vladi Dimitrov on 021 276 7577 or vladi@remax.co.nz.