Cafe Bar Restaurant Superb and 33k PW

Price

$1,050,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Auckland Region, Auckland City

Category

Food/Hospitality

Listing #

EL00291

Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

Auckland City Food/Hospitality Business for Sale
Auckland City Food/Hospitality Business for Sale

About this business for sale in Auckland Region, Auckland City

This is a highly desirable business!

 

Located in a top suburb, the owner has done a fabulous job in building this business nicely over the last few years. The business enjoys

excellent reviews and heaps of repeat and regular custom both from locals and visitors to the area.

 

The fit out is of an extremely high standard and there is a massive commercial kitchen capable of producing far more product than the business requires.

 

The Financial Accounts are in good order and the business enjoys sales of over $33,000 per week (including GST) and a working owner would

enjoy a surplus of around $350,000 per annum. The business is yet to reach its full potential and there is another lucrative revenue stream (catering) that has not

been attacked at all.  There is certainly an upside here if you would like to grow it further.

 

Currently the business is operationally fully managed.  The owner does drop in to see that things are running smoothly and oversees the business

side of the operation. The Manager has been there for 2 years and is highly capable.

 

  • Rent of under 6% of sales
  • Exceptionally strong lease
  • Highly desirable location
  • Strong staff and management
  • Massive commercial kitchen
  • Very real growth potential
  • Good End of Year Accounts

 

This is a fantastic business in an affluent area and it is well priced at $1.05m plus stock.

 

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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.

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