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Profitable Asian fusion restaurant

217-225 Heretaunga Street, Hastings

Hospitality
dollar

Offers Over $350,000 Plus GST (if any)

Floor area
370m2
Land area
1012m2
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Business details

Listing # HC219439 | Listed on 23 January

OTT In The City is a well-established Hastings hospitality business, operating as a morning cafe and transitioning into a successful Asian fusion restaurant for lunch and dinner, blending Japanese and Vietnamese influences. The business delivers consistent, healthy profits. Net profit over $200,000 in the last two years. It is well staffed with strong systems in place, allowing the current owners to remain largely hands-off. A new owner can choose to be involved in the day-to-day operation or continue running the business at arm's length. With a loyal customer base, a proven menu, and an efficient operation, OTT In The City offers a rare opportunity to acquire a hospitality business that is already performing and easy to step into.
Key highlights:

  • Cafe trading from early morning
  • Japanese & Vietnamese Asian fusion restaurant for lunch and dinner
  • Consistent profitability
  • Low owner involvement, experienced staff in place
  • Flexible ownership model: owner-operator or managed Confidential information available on request.
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