Timaru / Canterbury

Timaru - $695,000

Web Ref #34548
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Particulars

Address:
Timaru
Price:
$695,000
Listing ID:
34548
Category:
Restaurant

Successful Restaurant, Steady GP Above Benchmark

This is an opportunity to acquire an established, high-profile restaurant with a solid reputation for quality and consistency. Operating for 10 years, the business has developed efficient systems and processes to ensure continued profitability, now and in the future. It's all in place to take over and thrive.

The restaurant and bar is well staffed and could be run as a managed business should the new owner wish too. With long term and extensive investment being made in and on the business, including on its professional team.

The size strength of this market has seen the business maintain its financial stability, year on year - throughout covid and into 2023, with strong future bookings. The business has been very profitable over the years and has a diverse market which includes a large local demographic with discretionary income making it more resilient in the current climate. There are solid avenues for business growth for the new owners.

With a reliable customer base, and consistency of turnover during the past 3 years with almost a 24% increase in turnover in the last financial year 2023. This is an excellent return on investment with opportunities for even more growth.

Contact Mark Talbot - 027 204 3625 today.

Price $695,000

For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34548
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Particulars

Address:
Timaru
Price:
$695,000
Listing ID:
34548
Category:
Restaurant

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