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$117,678
$584,847
Sunny Café, Loads of Growth Potential, $117k Profit, Minimal Competition!
This gem of a café is a stable business running for over 15 years boasting a fantastic reputation.
The owners are ready to retire and boasted over $185k in profit in FY23. They have rightfully taken the gas off the pedal as they shortened their operating hours to not be open for dinner in FY24. However, this would be available to bring back and increase profits again for a new operator.
Let’s talk about the elephant in the room, the lease runs out in November 2026. However, there is the opportunity to purchase the property to remove the risk of not getting a lease extension.
Business Features:
This incredible opportunity would suit someone with a passion for hospitality looking for a relaxed lifestyle in the north or someone who recognises a quality business venture. With an impressive annual profit of over $117,000, this opportunity should not be missed.
The current owners are ready to pass on their beloved gem having all the groundwork done for a successful future.
Act now before it's gone!
To learn more go to linkbusiness.co.nz/EL04248 and press the “Enquire Now” button to complete an online confidentiality agreement.
Max Wensauer, 021 256 6269, max.wensauer@linkbusiness.co.nz
***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.
#buybusiness #Restaurant #northland
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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.
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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