Cafe in a Superb Location, Great Opportunity Without CompetitionListing: #BPW00980
About this business for sale in HamiltonCafe in a Superb Location, Great Opportunity Without Competition
A very well positioned and designed Cafe/Bistro in a highly desired shopping complex, is waiting for its new owner. Very solid turnovers and is growing steadily. The vendor is keen to provide any necessary support during the extended assistance period.
Some highlights of the business:
- Very high demand with little competition (almost monopoly)
- Current impressive weekly sales with huge potential to grow
- High customer retention rate
- Secured lease with very reasonable rent
- Vendors have other plans, hence selling this cash cow
- Surrounded by retirement village, school, kindergarten, playground and other retail shops and of course many residents with considerable income levels
- No previous experience required, as full training will be provided
- New owners' option to extend the trading hours to night-time, as the demand is there
- A good reliable team is in place
- Could be a very good acquisition to existing Hospo business group
The only limitation of the business would be yourself. Do not let this fantastic opportunity slip away.
Please contact Paul Lu for a further discussion regarding this opportunity, it will not last long on the market.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***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.
*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.