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Refer to Broker
Set in a popular North Shore residential area surrounded by restored villas this attractive, recently renovated cafe is a brilliant opportunity for a hands on operator looking to purchase a well run daytime cafe with potential.
It is currently run under management, is extraordinarily well equipped and enjoys a sunny location with indoor/outdoor seating. It also has has an unusually long lease so security of tenure is assured.
The owners appreciate that, while the cafe is operating well, it should do a whole lot better if run by an owner working in the business and interacting with the customers. Also, even though they have invested a large amount of capital to upgrade and re-equip the premises, they are unable to put the time and energy into making this cafe more successful as they have decided to concentrate their efforts on their other interests; hence their reason for selling.
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.
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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.
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.
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