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DealProspect/Listings/Food & Beverage

Established Korean BBQ Restaurant, Waikato

Restaurant

ActiveFood & BeverageB2C
Asking price
$249,000
Disclosed · NZD
Revenue (est.)
~$690,516
Estimated · comparable listings of this type and size
Earnings (est.)
~$159,105
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Large Korean restaurant on a busy main road in the Waikato, approximately 150 sqm with seating for around 76 diners
  • Operated by the current owners for 11 years with an established reputation
  • Liquor licence in place; modern interior with contemporary furniture and wooden floors
  • Open 7 days for lunch and BBQ buffet dinners, with ample car parking
  • Lease in place until 2034; kitchen setup could convert to another cuisine type