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DealProspect/Listings/Food & Beverage

50% Stake in BBQ Smokehouse Diner, Auckland

Restaurant

ActiveFood & BeverageB2C
Asking price
$370,000
Disclosed · NZD
Revenue
$1,522,976
TTM
Profit
$253,820
Implied multiple
1.5×
asking / earnings
Brief
  • A 50% stake in a well-branded smokehouse diner in a prime Auckland location
  • dine-in restaurant, catering, and a food truck active at major North Island events
  • Seats 60-70, trading 4.5 days a week, with a purpose-built site including a live BBQ area
  • Fully licensed premises with very low overheads and a secure lease; established and systemised
  • One founding partner exiting to relocate overseas; the remaining partner seeks a working partner or investor