Cafe/Grill All Offers ConsideredListing: #CS00521
About this Business for sale in CanterburyCafe/Grill All Offers Considered
Wanting to get out of the city!
This profitable local business can show 3 years of increased sales and profit. It is ideal in the current climate being well supported by the community and travelers. The real positive is the low rent - only $23,000 per annum - Including Rates!
So many highlights to this top hospitality business:
· Earnings to a working owner in 2018/19 financial year $140,000+
. Burger/grill style menu with great coffee
· Liquor License 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.
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.
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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.