3 Casual Restaurants for the price of 2!! ...

Auckland City

$1,850,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c41l6s

3 Casual Restaurants for the price of 2!! Profits $580,000!!



Very exciting listing this one!

Here we have 2 fantastic casual restaurants with 2 different themes / concepts but each so very current and performing superbly.

The first turns over around $40,000 per week and make a surplus of around $350,000 for a working owner.

The other has sales of around $30,000 an makes $280,000 for a working owner.

So, keep a manager in one and you would earn $580,000! The fact is the current owners don't work full time in any of the restaurants, they merely oversee the business.

The 3rd one is also worth having and is starting to make in-roads but, as it is new, consider it a freebie in this transaction!

Think "street food' and you will get an idea of the type of businesses they are and the huge buzz that surrounds the different concepts. Great leases and very low rent at each site!Easy concepts but super popular!Uber Eats very popular at these placesGreat social media exposure

These are exceptionally fun hospitality businesses with a cool atmosphere. Magazines love these places and they each enjoy fantastic reviews. I have sold the owner's 2 previous businesses, and both are as solid as the day I sold them. One of them even stronger!

The owner will certainly give excellent training and ensure a smooth transition to a new owner. Staff at each restaurant are well-experienced and there is a solid core-team in place.



Asking $1.85m plus stock

Reference: EL01856
Ref: EL01856
Timestamp: 20190817064546

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