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Chinese Restaurant near Unitec, Auckland

Restaurant

ActiveFood & BeverageAucklandB2C
Asking price
$98,000 + stock
Disclosed · NZD
Revenue
$520,000
TTM
Earnings (est.)
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • A long-established Chinese restaurant by the main road near Unitec, with easy parking nearby
  • Total seating of about 50, opening six days a week
  • Steady weekly turnover, easy to run by two working owners plus a few part-time staff
  • Affordable weekly rent
  • Offered for sale due to personal reasons; an easy-to-run, profitable restaurant; stock purchased on top of the price
Listed
58
+8 in 30 days
Median asking
$150K
54 priced
Median revenue
$726K
38 disclose
Earnings multiple
2×
61 listings
Time listed
57d
30 tracked
Price drops
2
in 30 days
Asking price spread54 of 58 state a price
This listing · $98K
33%
41%
19%
6%
Under $100K$1M–$2.5M

New Zealand 105 · Canterbury 13

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

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