Restaurant for Sale, Queenstown Opportunity

$695,000


Thought you couldn t afford to own a highly rated top Queenstown restaurant? Well think again, this may be your opportunity to become part of this sort after hospitality scene.

For just $695,000 you can walk into this well set up established business with all the plant, equipment and systems in place to make money from day one.

The location is superb, right in the heart of the Queenstown s CBD tourism hub with a long lease available.

An enviable turnover with a variety of income streams and the 2020 income of $2.25million was 27% ahead of 2019 with an excellent GP and surplus to match.

We appraised this business pre Covid19 at a conservative $1.5 million but with recent global events, the owners have kept to their plan to sell up and move on, so have priced it accordingly.

This is not a forced sale as the business has been very profitable for years and is also forecasted to turn a profit for this current year.

It has a complement of experienced loyal staff who can run this business for the new owners under management if desired.

Want more details? then contact Doug our Queenstown based Business Broker today by visiting www.barkerbusiness.co.nz/BBS2663, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

Details

Region
Price $695,000
Business ID BBS2663
Category Food/Hospitality

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