analytics
Sold

K Road, Established Burger & Bar Profits and growth potential


Licensed to 4am, this high profile burger and bar might be just the opportunity that you are looking for as we bounce back from 2020.

Recent weekly sales figures of $17,000 plus GST are getting back to their pre-covid levels of $20k. 

Currently the business is run mostly under management.  But with a strong gross margin of 67% the owner expects that a full time working owner could make profits of nearly $3,000 per week.

Get the sales back to the historical levels and profits could grow further.

Located in the evergreen “K Road”, this business should benefit from the increased foot traffic that continued urban development in the area is bringing.

Well setup and established a new owner can generate profits from day one with little immediate needs for capital expenditure.  With plenty of levers to pull to generate further growth this is a can’t miss opportunity for driven entrepreneurs.

Price: $ 199,000 plus stock.

For more information please call Peter Gibson on 0274 266 166 or Jeremy Medlin 021 088 52957.

 

Details

State AUK
Price SOLD
Business ID 10308
Category Food/Hospitality

Share This Business

Agent Details

Peter Gibson Business Broker Licensed Salesperson REAA 2008
0274 266 166 +64 9 630 9491 peter@cmbusiness.co.nz
Jeremy Medlin Business Broker Licensed Salesperson REAA 2008
02108852957 +64 9 630 9491 jeremy@cmbusiness.co.nz