Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Addington
- State
- Canterbury
- Price
- $100,000
- Category
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Huge Potential! Super Low Rent! Small Restaurant In Central City
$100,000
Addington, Canterbury
Huge Potential! Super Low Rent! Small Restaurant In Central City
Huge Potential! Super Low Rent! Small Restaurant In Central CityUnlock the potential of this hidden gem! A fantastic opportunity to own a small restaurant in the bustling city center, with remarkable features that make it an ideal investment.
Key Features:
• Prime Location: Situated in the heart of the city, this restaurant is conveniently located near supermarkets and ARA School, ensuring a steady flow of foot traffic.
• Low Rent: Benefit from a remarkably low annual rent of only around $15,600, including outgoing expenses. This cost-effective lease allows for better profit margins.
• Fully Equipped Kitchen: The restaurant comes with a complete set of kitchen equipment, providing a turnkey solution for aspiring restaurateurs.
• Flexible Operation: Perfect for solo entrepreneurs or couples, this establishment can be efficiently managed by one or two people, offering flexibility in staffing.
• Liquor License Opportunity: Seize the chance to apply for a liquor license, enhancing the potential revenue streams for your business.
• Seating Capacity: With indoor seating for 10 people and an additional 10-person capacity for outdoor dining, the restaurant provides a cozy and intimate setting.
• Impressive Income:Operated by a single owner, achieved a noteworthy annual income of $60,000 in 2023.
• Efficient Operation: Despite the small size, the owner successfully managed the restaurant by trading only 40-60 hours per week.
• Scalability: There is potential for increased earnings by dedicating more hours to trading, showcasing the scalability of the business
Don't miss out on this extraordinary chance to own a thriving restaurant with immense potential. Act now and turn your culinary dreams into a reality!
Smina He, 0276 588 589, smina.he@linkbusiness.co.nz
***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.
#wesellbusinesses#hospitality
Ref: CS00853
Timestamp: 20240620111503
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Last updated: 21st June 2024
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