Best Location for this Cafe/Bar in TimaruListing: #CS00229
About this Business for sale in CanterburyBest Location for this Cafe/Bar in Timaru
Based in one of the best locations in Timaru, this very profitable cafe and bar is worth your consideration to invest in.
Easy to manage menu, great and well trained staff – the business can run well with or without an owner operator.
This cafe/bar offers easy, modern food and has a great selection of fine wines and craft bears.
Overlooking the ocean, this is a very popular cafe and bar buzzing throughout the day and at night time, popular to go to among the locals.
- LOCATION – LOCATION – LOCATION. Views over the ocean to compliment a great dining experience.
- Great systems and procedures in place
- Excellent earnings to the owner – around $130k to $150k
- COGS about 30% of turnover
- Rent at a meager 4% of sales.
Our vendor is serious to move on to his next adventure.
To find out more, press the “ENQUIRE NOW” button to complete an online confidentiality agreement and contact Anika for an initial confidential discussion.
***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. Please contact the broker for further details.
+64 3 366 3394
+64 22 560 3241
*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.