It doesn’t get much better than this opportunity!
Imagine earning over $1m per annum and all in a superb lifestyle location!
This is not a fly-by-night operation. No, Sir. This one has been around for well over a decade under the same owners. They know the ebbs and flows of the business intimately and have detailed records to prove it.
This is an exceptional hospitality business that comprises 2 business units. Interestingly, both have similar sales and profit that make up the whole. There is an incredibly strong team in place with good layers of management to ensure that your investment continues to tick along nicely.
There has been a major refurbishment ($1.15m) and things look amazing!
There is fabulous lease in place with rent sitting just over 5% of sales. The other key costs (Food and Wages) are nicely controlled and would be the envy of many an operator out there.
This is superb buying. The business ‘owns’ this area and has proven itself over many years. The current owners have done a fantastic job ensuring that this business is fit and proper for sale.
There is detailed financial information. A recent refurbishment. A great team of staff and management in place and all the systems and procedures you could wish for.
You do not need hospitality experience to own and operate this business. Some savvy management skills and the ability to oversee a large operation are what’s needed.
All enquiries in strict confidence and a full information pack is available to qualified enquirers.
Asking $4.1m plus stock
To find out more go to linkbusiness.co.nz/EL03817 and press the “Enquire Now” button to complete an online confidentiality agreement.
Nick Giles, 021 676 832, firstname.lastname@example.org
***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
#cafe # food #hospitality #link #buyabusiness
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*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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