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Listing ID: 3195521

Must Sell, High Quality and Profitable Restaurant For Sale

New Zealand

NZ$ 179,000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Kawau Bay Kitchen is a newly established by experienced hospitality professionals, trading very well with great opportunity to increase offering!

With a solid reputation and tasteful new fit-out, this restaurant is on a busy beach boulevard in one of the fastest-growing hospitality destinations in New Zealand.

Life balance has been a priority for the current owners, so the restaurant only operates 5 days a week for lunch and dinner and closes for 1 week mid-winter and 2 weeks over summer. This provides huge opportunity for the new owners! By championing local and seasonal produce, the food is phenomenal and costs are kept tight.Brand new fit-out and kitchen equipment$10k sales per week$170k net profitStaffing costs are well controlled at 25% of salesRent just over 7% of sales

The family who owns this restaurant have been offered an overseas opportunity that is too good to turn down. Consequently, we can now offer a truly rare chance for someone to purchase a newly-outfitted, successful restaurant which was invested in thoughtfully by industry professionals.

This is an incredible investment at just $179,000 plus stock

Patrick Sanders
027 454 8586 DISCLAIMER
Note: 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. Please contact the broker for further details.

Ref: NL00169
Timestamp: 20200216054631

Property Details

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