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Refer to Broker
This cafe' restaurant has a renowned reputation for quality, great service, friendly staff and professionalism of the highest caliber.
Open 7 days a week, fully licensed with indoor/outdoor seating. Turnover is $980,368 for the year ending 2016 with weekly coffee sales of approximately 32 kg.
Consistently solid annual sales and cash flow provide a significant advantage for the business to ensure its financial stability. The business should continue to produce sales and excellent profits for years to come.
First time on market since 2002, as the owners are moving to Auckland.
This is an excellent opportunity for a couple or partnership that could minimise running costs and bring a new enthusiasm to maximise the full potential of this venture. An early viewing to appreciate the full potential is highly recommended.
*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.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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