Café Restaurant $40k pw even after Lock Down! $250k to Working Owner.

Price

$590,000

Profit *

Refer to Broker

Sales Revenue

$2,100,000

Location

Auckland Region, Auckland Surrounds

Category

Food/Hospitality, Cafe Restaurant

Listing #

EL02249

Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

Auckland Surrounds Cafe Restaurant Business for Sale
Auckland Surrounds Cafe Restaurant Business for Sale
Auckland Surrounds Cafe Restaurant Business for Sale

About this business for sale in Auckland Region, Auckland Surrounds

This place just bounced right back in to action and does over $40k week in and week out!

This is a large and beautifully presented hospitality business. The fit out is of high quality and it even boasts a wood fired pizza oven!

Spread over 400sqm, there are various seating areas including a great outdoor space and fantastic private dining area.

It has a strong local following and is becoming a bit of a destination in its own right. It does not rely on one type of business and is family friendly.  It is open for breakfast, lunch and dinner and boasts a welcoming bar area.

  • Great Auckland suburb location. An area of huge population growth.
  • Super strong lease to 2034
  • Heaps of parking
  • Beautifully kitted-out
  • Indoor / outdoor seating for over 200
  • Sales are averaging $40k (gst incl) per week and there is still room for growth
  • $250,000 surplus here and growth is hugely possible

With secure tenure until 2034, great parking and absolutely no refurbishment worries this is smart buying for a dynamic hospitality person. This is a full-on hospitality business with a variety of different strands to it, which means excellent sales at any time of day.

The great thing is that there is a genuine upside here to the new owner.  It hasn't even hit its stride!

The owner has a genuine opportunity away from the Industry to follow, and so this is just superbly priced so don't miss it!

Asking $699,000 plus GST

 

Nick Giles,  021 676 832, [email protected]
 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#wesellbusinesses #auckland #cafe #restaurant

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Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

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.

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