Licensed Eatery, $234k Profits, 20% Vendor Finance

This business owner has spent over a decade perfecting systems that have made this business a success. Rent is low, profits are stable, and staff retention is high. The owner has proven time and time again they have all the necessary skills to transfer operational knowledge. Notably, the majority of staff were trained from entry-level roles with little experience into skilled, dependable chefs producing award winning meals.

The key is in the systems the owner has developed in over a decade of management. Thanks to these systems, the owner can take months off at a time without any worries about the business. If they can do it, so can you! With full training on offer, this is an ideal first business for those new to the industry.

• Vendor open to offering 20% vendor finance
• Short hours - 4.5 trading hr/day (increase or embrace work-life balance)
• Low rent 6% in comparison to sales
• 234k profits to a working owner
• Liquor licence in place
• Mount Maunganui location
• Stable performance despite challenging market conditions
• Well documented systems in place
• Full training provided
• Steady long term ownership
• Loyal, repeating customer base
• Popular and timeless food offering.

An ambitious buyer could integrate this business into their existing hospo portfolio, given its short evening hours. It would also be a sound investment for a new operator due to the its stable long term track record and simple operations.

Price $499,000 + stock

For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34685

Gina - 021 338 062 or Wayne - 021 064 7355 will then be in touch.

Agency reference #: 34685