Super fun fusion restaurant with impeccable history, located in a vibrant, hospitality-rich area of Auckland. This is 'experiential dining' done properly - a fully licensed venue serving bold and delicious street food on one of the city's most established and heavily patronised dining corridors.
Trading seven days on a dinner-led model, the business generates average weekly sales of approximately $21,000 inc GST - around $1Mannualised - producing working owner profit of almost $180,000. Trade is spread evenly across the week, with revenue diversified across dine-in, delivery and catering.
Behind the scenes it is impressively settled. The kitchen is anchored by a wok chef with ten years at the venue, while experienced restaurant and bar managers run the floor. AEWV accreditation, valid staff contracts and a current food control plan mean compliance is in excellent order.
Occupancy cost sits at approximately 6.3% of revenue under a lease running to 2031 with rights of renewal. The awarded brand includes a professional marketing engine, strong social following and online ordering - with clear growth in lunch trade, functions and catering.
Why buyers will love this business:
• Consistent seven-day trade
• SDE of $178,189 - approx 2.2x multiple
• Ten-year-tenured wok chef, settled team of nine
• AEWV accreditation in place
• Low occupancy cost, lease to 2031
• 100-seat licensed venue, award-winning cocktails
Opportunities like this rarely reach the market.
Price: $400,000 plus stock. Further information available to qualified purchasers.