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Then this café on the outskirts of Downtown Mount Maunganui could be what you are looking for! It trades 6 days a week only with trading hours from 7.30 am to 3.00 pm and it is closed on a Monday.
The cafe has a key location on the sunny side of the street with seating inside and outside. Current seating arrangements cater for 30 people, but this could be increased if required. Apartments and businesses surround the café and an established neighbourhood is on its doorstep.
The café has a full liquor license and licensing hours are from 7.00am till midnight, seven days a week. However, the liquor license is currently not fully utilised and this offers a good opportunity to a new owner.
The fitout and all plant and equipment are of a high standard and in excellent condition. A good lease is in place. Trading is steady throughout the year with no huge seasonal variations. A cash surplus of well over $55,000 is available to one working owner.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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