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Refer to Broker
*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.
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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