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Asking Price$400,000
Revenue$900,000 Established1999
Cash Flow$180,000 Employees5 full, 7 part
FF&E$73,000* FranchiseNo
Inventory$6,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Well established little french restaurant founded and owned for 10 years by same owner, 50 seats plus 20 outside in courtyard. great regular local clients as well as tourists, situated in trendy Parnell Auckland. at the moment open 7 nights and one lunch only, could do more revenue by opening more lunches. closed every public holidays and 3 weeks over xmas. great opportunity for an experienced restauranteur to jump in and take over as it is running smoothly and organised.
great financials, both owners work 5-6 hours a day.
if you want to migrate to NZ just in time for the Rugby World Cup 2010 and cash in , this is your chance
Facilities:130sqm, toilets, courtyard, prime location in famous Parnell, huge foot traffic, 50 seats plus 20 outside, lease renwable in 2011, landlord keen to renew, liquor licence, great open kitchen fittings and design.
Competition:regarded as the best french restaurant in Auckland and New Zealand, only 2 real french restaurant in auckland and this one is more of a restaurant than bistrot, other one in totally different suburb, Parnell is a eating out place destination with lots of different ethnic restaurants, all complimenting each other.
Growth Potential:could open more lunches and on public holidays, why not try breakfast. Parnell suburb is growing by the year with lots of new development around which brings more people, huge foot traffic, Rugby World Cup coming in 2010, amazing potential then.
Training/Support:will show for a few weeks as it is run, will support full training on everything, will introduce you to all regulars and there are many.
Seller Financing:12% deposit on signing of conditional contract(refundable)and balance when contract is unconditional
Sale Reason:10 years, need a new challenge, need to move on, probably overseas. Price is in NZ$
Ad #11569
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jean christophe
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