Long-Established Chinese Restaurant, North Shore Auckland

Long-Established Chinese Restaurant, North Shore Auckland — Food & Beverage · North Shore, Auckland · Asking $98,000

Spacious, fully equipped restaurant on Auckland's North Shore with approximately 88 seats, including two upstairs VIP rooms Currently specialises in Chinese dishes and noodle meals, with flexibility for a new owner to change the menu/concept Fully licensed to serve alcohol Same owner for the past eight years; vendor retiring and open to reasonable offers Ample nearby parking

DealProspect/Listings/Food & Beverage

Long-Established Chinese Restaurant, North Shore Auckland

Restaurant

ActiveFood & BeverageAucklandB2C

Find funding for this deal →View original listing ↗

Asking price

$98,000

Disclosed · plus stock · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

Brief

Spacious, fully equipped restaurant on Auckland's North Shore with approximately 88 seats, including two upstairs VIP rooms
Currently specialises in Chinese dishes and noodle meals, with flexibility for a new owner to change the menu/concept
Fully licensed to serve alcohol
Same owner for the past eight years; vendor retiring and open to reasonable offers
Ample nearby parking

Restaurants in Auckland

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Listed

+10 in 30 days

Median asking

$155K

54 priced

Median revenue

$804K

36 disclose

Earnings multiple

2×

59 listings

Time listed

51d

29 tracked

Price drops

in 30 days

Asking price spread54 of 57 state a price

This listing · $98K

33%

39%

20%

Under $100K$1M–$2.5M

New Zealand 104 · Canterbury 13

Takeaways 66 · Cafes 45 · Wholesale and distribution businesses 20 · Liquor stores 14 · Building and construction businesses 13 · Manufacturing businesses 12

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