Sold

Licensed Steak Restaurant-Short Hours, Profitable


New 12 months ago and already trading profitably, weekly sales are steadily growing and there is plenty of genuine opportunity here to increase sales. Seating approx 90 and currently open evenings only for dinner, this business already enjoys a good reputation and has a loyal customer base. , current sales are averaging in excess of $12,000 weekly. There is a large commercial kitchen with top quality equipment, a good long lease is in place with very reasonable rent.

This business is well worth a look and would ideally suit a working owner or couple. Financial accounts are available to qualified purchasers.
Viewing is by appointment only, for further information please phone Mike 022 0500 525

LOCATION: Located on a prime corner site on a busy main street with plenty of passing traffic and adjacent to other restaurants and cafes, the address is 237 King St, Pukekohe

HOURS: Currently open evenings for dinner, 5:00pm to close (9:30pm approx)

SALES: Weekly sales are averaging in excess of $12,000 and there is still genuine opportunity here for further growth. Financial accounts are available to qualified purchasers.

LEASE and RENT: Consisting 5 years with rights of renewal for 4 further terms of 5 years each, final expiry is 31 MAy 2034. Rent is $5,953.67 monthly plus GST and OPEX (including rates) $1,658.00 quarterly plus GST

CURRENT OWNERS: The current owners have operated this business for the past 12 months but now have a new project coming up.

PRICE: This business is priced at $160,000 plus stock (approx. $6,000)

Viewing is by appointment only, for further information please phone Mike 022 0500 525

Details

State Auckland
Price SOLD
Business ID 9652
Category Food/Hospitality

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