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Best Of The Best Restaurant $252,000 Profit For Sale

Wellington City, Wellington, New Zealand
Asking Price:
$420,000 (NZD)
Sales Revenue:
$252,000 (NZD)
Cash Flow:
Available on request

This is an exceptionally well run Asian cuisine restaurant, with a great vibe and even greater reputation.

It has been running very successfully in Wellington City, by the same owner, for over 25 years now.

The key to a successful restaurant business is a good location and this well-established restaurant is on a prominent and famous Wellington street.

With ample parking, outstanding service and high quality food, this restaurant enjoys huge repeat business from traders and locals.

There is a broad and loyal customer base with a good mix of office workers, family, students, tourists and leisure seekers.

- This is the first time the business has been offered for sale
- Owned and run by a two person team, plus one manager, three full time and three casual staff
- Nice landlord with a good lease in place
- Open three days for lunch and seven nights for dinner - a new owner could instantly improve turnover by adding a fourth lunch day
- 82% high gross profit with a net profit of $252,302 (FY 2018)
- Seating room for 120
- Rent is less than 10% of sales

After 25 years of serving three generations of repeat customers, the owners are thinking of retiring, so they offer the restaurant for sale somewhat reluctantly.

Make no mistake, inspection will reveal the true potential and quality this business holds.
You could be reaping the rewards of this incredible set up during the busy, prosperous Christmas season - the best time to buy is right now!

Contact Benny today to take a look for yourself.

To find out more, contact us today to complete an online confidentiality agreement.

***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.

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