Rent 3% of Turnover, Profit $300k

Discover a rare opportunity to own a highly profitable Asian restaurant located in the bustling suburb of Rolleston, Christchurch. This well-established business for 9 years with boasting a loyal customer base and a reputation for excellence.

Business Highlights:
• Fully Managed: This business operates smoothly under full management, allowing for an easy transition for the new owner.
• Stable Clientele: A loyal and consistent customer base ensures steady revenue.
• Prime Location: Strategically positioned in a prime area with convenient parking facilities, attracting regular foot traffic.
• Spacious Dining Area: The restaurant spans 93 square metres and comfortably seats 40 guests.
• Proven Financial Performance: With a strong track record of stable financials, the business has generated over $1 million in annual turnover for the past five years.
• Low Rent: Rent is only 3% of the annual turnover, enhancing profitability.
• Impressive Revenue: In 2023, the business achieved turnover of $1.4 million.
• Substantial Profit: The owner enjoys a net annual profit of approximately $300,000.

This is a golden opportunity to step into a thriving business with a proven success record and significant profit margins. Don't miss out on this lucrative investment.

For more details or to arrange a viewing, please contact us today.

Katherine Shepherd, 027 554 5151, katherine.shepherd@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 #buyajob #hospitality #christchurch

Agency reference #: CS00893