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

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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

+8 in 30 days

Median asking

$152K

55 priced

Median revenue

$726K

38 disclose

Earnings multiple

2×

63 listings

Time listed

56d

30 tracked

Price drops

in 30 days

Asking price spread55 of 59 state a price

This listing · $98K

33%

40%

20%

Under $100K$1M–$2.5M

New Zealand 106 · Canterbury 13

Takeaways 64 · Cafes 46 · Wholesale and distribution businesses 19 · Liquor stores 14 · Building and construction businesses 13 · Automotive workshops 12

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