Asian Restaurant for Sale Tauranga

Description

Business type: Asian-style restaurant

Location: city fringe

Current status: established operating business

Current ownership period: 13 years

Reason for sale: owners relocating to Auckland to be closer to family

Financial information

Current weekly turnover: approximately $8,500

Annual owner cash surplus: more than $100,000

Profitability: reported as profitable

Premises

Customer seating capacity: approximately 50

Kitchen: fully equipped

Kitchen suitability: Asian-style cooking

Nearby customer parking: available

Parking after 5pm: free

Lease

Annual rent: approximately $34,000

Council rates: included in stated rent

Lease term: stated as good

Licensing

Liquor licence: full

Operations

Trading days: Tuesday to Saturday

Trading days per week: 5

Expansion options

• Extend trading days
• Extend trading hours
• Convert to another food concept
• Increase dine-in sales
• Increase beverage sales

Financing

Finance assistance: available through an in-house broker

Potential buyers

• Owner-operators
• Asian restaurant operators
• Hospitality buyers
• Licensed venue operators
• Buyers seeking a concept-conversion opportunity