Chinese Restaurant, Rotorua

Chinese Restaurant, Rotorua — Food & Beverage · Rotorua · Asking $350,000 · Revenue $1,200,000 · Cash Surplus $200,000

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…

DealProspect/Listings/Food & Beverage

Chinese Restaurant, Rotorua

Restaurant

ActiveFood & BeverageBay of PlentyB2C

Find funding for this deal →View original listing ↗

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

Restaurants in Bay of Plenty

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Listed

+4 in 30 days

Median asking

$350K

7 priced

Median revenue

$1.1M

6 disclose

Earnings multiple

2.1×

76 listings

Price drops

in 30 days

Asking price spread7 of 9 state a price

This listing · $350K

43%

14%

$100K–$250K$1M–$2.5M

Auckland 58 · Canterbury 21

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