The owner reports turnover at $34,000 per week. Huge coffee sales, reasonable rent for the location, controlled staff costs = profits+++
Currently run under management, the owners are highly experienced hospitality people. They are keen for new owners to continue just as successfully and so are willing to assist with a smooth transition.
This is a highly confidential listing and so please contact me to arrange a meeting.
Asking $1.25m (negotiable) plus stock
*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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