Chinese Restaurant Premises, North Shore, Auckland

Chinese Restaurant Premises, North Shore, Auckland — Food & Beverage · North Shore, Auckland · Asking $50,000

North Shore restaurant premises seating approximately 90, with ample nearby parking Includes three private VIP rooms, a large commercial kitchen and a full range of restaurant equipment Business is currently closed Suited to an operator wanting a ready-fitted, large-kitchen space to set up their own hospitality concept

DealProspect/Listings/Food & Beverage

Chinese Restaurant Premises, North Shore, Auckland

Restaurant

ActiveFood & BeverageAuckland

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Asking price

$50,000

Disclosed · NZD

Revenue (est.)

~$164,366

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$32,239

Estimated · comparable listings of this type and size · typically within ±35%

Typical multiple

~1.6×

comparable listings of this type and size · typically within ±35%

Brief

North Shore restaurant premises seating approximately 90, with ample nearby parking
Includes three private VIP rooms, a large commercial kitchen and a full range of restaurant equipment
Business is currently closed
Suited to an operator wanting a ready-fitted, large-kitchen space to set up their own hospitality concept

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Listed

+8 in 30 days

Median asking

$159K

50 priced

Median revenue

$804K

34 disclose

Earnings multiple

2×

60 listings

Price drops

in 30 days

Asking price spread50 of 53 state a price

This listing · $50K

30%

40%

22%

Under $100K$1M–$2.5M

New Zealand 104 · Canterbury 15

Takeaways 63 · Cafes 47 · Wholesale and distribution businesses 19 · Liquor stores 13 · Automotive workshops 12 · Manufacturing businesses 12

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