Link Business

Cracking Cafe & Grill, $16,500 pw. Busy Township Eatery

Listing: #CS00521
price

$342,000

Profit

$140,000

sales

$862,400

industry

Canterbury

Industry

Food / Hospitality


Sami Chesterton

Broker | Christchurch & South Island

Sami Chesterton

sami.chesterton@linkbusiness.co.nz

+64 3 366 3394

+64 21 02978810


About this Business for sale in Canterbury

Cracking Cafe & Grill, $16,500 pw. Busy Township Eatery

Central Cafe & Grill is on a primo High Street site in the busy township of Geraldine, South Canterbury.

Currently semi managed, would perform even better with a full-time working owner. Delicious and popular diner style menu.

So many highlights to this top hospitality business:

·         Earnings to a working owner in 2018/19 financial year $140,000+ 

·         Liquor Licence in place

·         Turnover has increased this financial year

·         Low Rent - 3% of turnover

·         Easy systems/menu is simple to execute

Cool American diner-style vibe, well supported locally. Also known nationally and internationally due to the Gotham Burger 2kg challenge!

Still room for improvement with new tourist attractions coming to Geraldine next year. 

This is an awesome business for a family or someone who wants a profitable and popular business away from the hustle of the big cities. Give me a call now to get further information. 

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. Please contact the broker for further details.

Christchurch & South Island
sami.chesterton@linkbusiness.co.nz
+64 3 366 3394
+64 21 02978810

Sami Chesterton

Enquire Now

*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.