Located in one of Auckland's most affluent suburbs, this fully managed business serves up breakfast, lunch and dinner to its many devoted regulars. Having been around for several years now, the establishment has built up a strong presence in the area.
As mentioned, the business is fully managed and runs exceptionally well like this. There are strong sales, excellent control on the cost of goods, and pretty reasonable rent. However, wages have been running a tad too high, so either a full time working owner or someone with the ability to reduce the wage bill would be perfect here. The business currently makes a very healthy surplus of at least $200k, but the right person could take it to another level. All you need to do now is reduce the wages and add another $100-$150k to the bottom line! Easy right!!?
Asking Price – $550,000 plus stock
Call me today to have a confidential discussion –
021 555 384
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.
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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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