Busy Successful new Zealand Restaurant For Sale

Business description

1. It is very busy and succesful malaysian rrestaurant
2. Good migration prospect for new owner. Also comes with 3 work permit to bring in chef if required. At present we have 2 chefs. You can retain them or find your own.
Training will be provided on all aspects to ensure smooth transition

Property information

Real Estate:

Lease

Lease terms:

1 of 5 years plus 5 further terms of 2 years each. Remaining renewal dates are 1/10/2010,1/10/2012 & 1/10/2014

Leasehold rent:

$39600 including rates per annum

Living accommodation:

As described a flat is available upstairs and is included in the price.

Location:

Within dunedin city, 1 minute walk from main street. Next to meridian mall.

Premises details:

Downstairs is a 60 seater restaurant. Also has a court yard which can accomadate 15 more. Ideal for arelaxing glass of wine in the courtyard.

Upstairs is private accomodation featuring 3 rooms,kitchen and a bath cum tollet. Dryer and washing machine.

Other information

Expansion potential:

As being the only malaysian restaurant in the city it is a gem. Good cliental.

Support & training:

New owner will be given full support and training to aid seamless takeover,

Reasons for selling:

Owner ill health

Financing available:

Owner to finance

Furniture / Fixtures value:

$50,000

Inventory / Stock value:

$1,000 (included in the asking price)