ID

SKA000027

Opportunity Ahead. Hospo Business

 

$325,000

Price

Location

Auckland

Revenue

$Confidential

Category

Hospitality

Profit

$Confidential

Sub Category

Kebab

Description

Opportunity Ahead. Profitable Kebab Business

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.

Broker Details: Serdar Kabul - M. +64 21 188 6144

Note: Some details of this opportunity are confidential and may be disclosed on completion of a Confidentiality Agreement by contacting the business broker. Also for reasons of confidentiality, stock images may be used to indicatively represent the business.

Serdar Kabul

Business Broker

Auckland

This Business is SOLD.

Contracted by

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401 Great South Road 
Ellerslie, Auckland, 1051