Price
$995,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Auckland Region, Auckland City
Category
Food/Hospitality
Listing #
18967
One of the key stores for this franchise brand, this is a business anyone would be proud to own. It is a wonderfully designed cafe with a superb flow to both covered and uncovered outdoor seating areas.
Some serious money was spent on the fit out and it shows. There is seating for over 100 here and good parking. It has become a meeting place for business people during the week and friends and family at the weekend. It has enjoyed solid and regular custom over the 6 years it has been in existence.
Sales average close to $30,000 per week. The cafe is perfect for private functions (an area that has been under developed) and the kitchen is capable of handling huge amounts of catering should a new owner wish to develop this area.
The franchisor will provide training and good support to a new owner and the current owners will ensure a smooth hand over.
This is a premium hospitality business and would suit either someone with hospitality experience or an owner new to the industry but who has strong customer service and management skills.
Asking $995,000 plus stock
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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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