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Elegance At 148 On Elles - Top Business

Location  New Zealand
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Description  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.
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