ID

SKA000038

Opportunity Ahead. Hospo Business

 

$325,000

Price

Location

Auckland

Revenue

$Confidential

Category

Hospitality

Profit

$Confidential

Sub Category

Kebab

Opportunity Ahead. Hospo Business

Description

SOLD.png

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%2520Image_edited_edited.jpg

Serdar Kabul

Business Broker

This Business is SOLD.

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