Fully Managed Suburban Cafe. $430,363 EBITDA. 29% ROI!

The owner here has done an exceptional job over the past few years of establishing the cafe as one of Auckland's best. Rave reviews and a strong social media following is backed up by outstanding sales which continue to increase month on month, year on year!

As a new owner, you would have the option to either continue running it fully managed which would represent a 29% return on investment (where else will you find this kind of return?!!) or if you wanted to you could replace the manager and add another $50-60k to the bottom line. 

The cafe only operates for 49 weeks of the year (closed for 3 weeks over Xmas/New Year) and closes most public holidays, therefore, further sales could be had if they stayed open.

The cherry on top of all of this is that the business comes with bank-friendly accounts, including any sales data you require to complete your Due Diligence. You will not be disappointed!

Business Highlights

• Current Weekly Sales – $40,000+ per week (inc GST)
• Cost of Goods – 26%
• Wages – 35% (fully managed)
• Rent + OPEX to sales ratio – 3.57%
• $485k+ surplus to one working owner or $430k+ fully managed
• Suburban location
• Bank-friendly financial accounts

Asking Price – $1,500,000 plus stock

Call me today to have a confidential discussion – 

Jeff Wiley

021 555 384

jeff.wiley@linkbusiness.co.nz

Note: Due to the confidentiality of this business stock photo Images may be used to represent the business.  Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and completion of a Confidentiality Agreement. Please contact the broker for further details.

SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid?
Register for our Buy a Business Seminar. https://go.linkbusiness.co.nz/seminars/