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Refer to Broker
A Wellington Cafe is for sale 5 years after it set the benchmark for all day breakfast in the capital.
Serves everything from bacon & eggs, through to crispy waffles, luscious lowa pancakes, french toast, bagels, and their popular homemade hash browns,
Put simply, this business ticks all the boxes:
• Brand new set up by current owner 5 years ago, extensive and professional fit out..
• Prime location surrounded by office retail shops and hotel
• Well known and leading brand with all day breakfast café
• Immaculate presentation, great ambience – 245 sqm premises with approximate seating of 100
• Fully equipped & easy to operate kitchen / preparation area
• Under management, organized staffing structure, processes, procedures & systems are all in place.
• Very popular, many regulars and return customers.
• Currently operating 7 days, closing at 2:00 pm. Potential to increase sales by extending opening hours .
• Awesome staff, who are all more than happy to stay on. A strong and solid team has been built here as the staff are all long term, and this is why they all work like a well oiled machine.
• Good lease with acceptable rent for the location
•. Revenue significantly keeps growing and increasing yearly, turnover is $1,018,872 for the year ending 2017
Contact me now to plunder this opportunity.
*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.
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