About this Business for sale in West Coast

SUPER LOW RENT only $288+GST per week.

Such a fantastic business in a top neighbourhood in WESTPORT Super solid and HUGE HISTORY here. The current owner is running this business for almost 50 years, which I would call a VERY LOW RISK.

Their extensive menu creates some tough choices for food-lovers, especially their HOMEMADE PIES, their friendly staff, and tasteful music ensure a dining experience sure to satisfy. 

  • 50 years plus trading history
  • The current vendor has run this business successfully & they own the property as well.
  • Trading just 6 days a week
  • Super low rent $15,000+GST per annum
  • They have such a loyal customer base for their pies
  • Food cost is well under control @ 29% as per P&L 2022
  • Wages are sitting at just @ 31.6% as per P&L 2022
  • The real opportunity to increase the turnover with extended hours and days
  • There is a lot of potentials and the West Coast is really taking off
  • Profit for a working owner is $75,000 per annum

 

To find out more, go to http://linkbusiness.co.nz/EL03587 and press the “Enquire Now” button to complete an online confidentiality agreement.

Rafiq Bhamani, 021 129 1916, rafiq.bhamani@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.

#cafe #hospitality #Westport #southisland #linkhospitalitydivision #linkbusiness #westcoastregion #takeaway #restaurant

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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.

Listing: #EL03587
Price: $200,000
Profit*: $110,000
Sales Revenue: $350,000
West Coast Region, West Coast
Food/Hospitality, Cafe/Coffee Shop
*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.

*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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