*Excellent location of this cafe business, very close to a well known school in North Shore.
*Current vendor bought this business about 2 years ago and spend lots of money for refurbishment, nearly brand new kitchen equipments with new cafe layout.
*Currently only trading 5 days a week but potentially it can open weekends and nights. Plenty of car parking in front of the shop.
*Total around 60 seats inside and out.
*Vendor advised the average weekly turnover around $6,000, reasonable rent around $1,050 per week include GST.
*Please talk to Craig about this business if you are an experienced cafe owner and looking for the potential!
*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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