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Refer to Broker
Nicely set up cafe was settled by the current owner since 2011. It is located in the main road of Browns Bay nearby the beach. Current turnover is about $5,000 for 6 days trading. Summer open 7 days will increase the sales again. $700 weekly rent include GST and most of food made on site which means bring the gross profit up to 65%. Currently run by two working owners and one part time for help. Seating in and out about 50. This is a must see cafe for first time buyer because of the cheap rent and low overhead. Vendors are happy to provide full training for the new purchaser. Call me to view more.
*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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