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DealProspect/Listings/Food & Beverage

Chinese Restaurant, Rotorua

Restaurant

ActiveFood & BeverageBay of PlentyB2C
Asking price
$350,000
Disclosed · NZD
Revenue
$1,200,000
TTM
Cash Surplus
$200,000
Implied multiple
1.8×
asking / earnings
Brief
  • Well-established Chinese restaurant in the heart of Rotorua with convenient parking nearby
  • Seating for approximately 50 guests and a full liquor licence
  • Very low weekly rent with an annual turnover of around $1.2 million, and still growing
  • Rotorua is a popular tourist destination; the menu is simple and easy to learn (owner is not a chef)
  • The building is also available for sale along with the business; stock purchased on top of the price