Asian Restaurant, Tauranga
Restaurant
ActiveFood & BeverageBay of PlentyB2C
Asking price
$125,000
Disclosed · NZD
Revenue
$425,000
TTM
Earnings
$125,000
Implied multiple
1.0×
asking / earnings
Brief
- Well known Asian-style restaurant on the Tauranga city fringe
- Held by the same operators for the last 13 years
- Close free customer parking, free after 5pm
- Well set up kitchen suited to Asian cooking and easily converted to other cuisines
- Trades five days a week, Tuesday to Saturday, leaving scope to extend
- Seating for approximately 50 customers
- Holds a full liquor licence
- Asking price recently reduced as the owners want to move
Restaurants in Bay of Plenty
All 9 →Listed
9
+4 in 30 days
Median asking
$350K
7 priced
Median revenue
$1.1M
6 disclose
Earnings multiple
2.1×
76 listings
Price drops
1
in 30 days
Asking price spread7 of 9 state a price
This listing · $125K
14%
$100K–$250K$1M–$2.5M
Auckland 58 · Canterbury 21
General retail businesses 11 · Takeaways 10 · Building and construction businesses 9 · Motels 9
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