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Elegance At 148 On Elles - Top Business
Location: New Zealand -> Invercargill
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

ELEGENCE AT 148 ELLES - RESTAURANT FOR SALE - LEASEHOLD INTEREST - INVERCARGILL - SOUTH ISLAND - NEW ZEALAND - AWARD WINNING REPUTATION - NEGOTIATE NEW LONG LEASE - EXCELLENT FOOD AND BEVERAGE HOSPITALITY BUSINESS

Elegence at 148 Elles - Hours of Operation: Elegence at 148 Elles is open 7 Nights a week from 6.00pm until last orders at 8.30pm - 9pm. Closed all public holidays and long weekends. Restaurant closes for 1 month every year for holidays. Please also note that the restaurant Closed for 3 months over winter in 2006 so the owners could go to Africa.


Staff Hours & Wage: Currently Three staff are employed part time and two casual.
Part timers: One is a Waiter on $16.00 an hour with a bonus system base
on his nightly sales; this employee is cturently only working on an As
Required Bases (average 6 hours a week). Two Chefs Assistants both on
$13.00 an Hour (average 10-15 hours a week).
Casual Staff: One casual Waitress on an as required bases $12.50 an hour
(average 5-10hrs a month). One casual Chefs Assistant on an as required
bases paid $13.00 an hour (average 15 hours a month). All are willing to
stay on with new owner and are happy to increase or decrease their hours
as required. All are on employment contacts supplied by the New Zealand
Restaurant Association. No protection policy is in place.

This Business opportunity is on the market for NZD185,000 + gst if any

BUSINESS BROKERS CONTACT DETAILS: For further information on the SALE of ELEGENCE of 148 on ELLES RESTAURANT in Invercargill please email or call Tourism & Hospitality Business Broker, Ian Paterson on 0064 3 409 0093.


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

Photos

View Larger Photo(s) Of Business
Elegance At 148 On Elles - Top Business Photo 1 Elegance At 148 On Elles - Top Business Photo 2 Elegance At 148 On Elles - Top Business Photo 3




Print Listing Id: 700129156
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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