The Rabbit Club in The ColomboListing: #CS00605
About this Business for sale in ChristchurchThe Rabbit Club in The Colombo
Unique opportunity to purchase this incredibly popular lunch canteen in The Colombo precinct.
The “hub” of the centre, The Rabbit Club offers freshly made salads, sweet, glazed ham and the ever popular soup choices.
A great growth opportunity exists in selling coffee, drinks and shelf products.
The Rabbit Club also plays the role of selling The Colombo’s Christmas cakes and whole smoked hams with room for further growth with Christmas and Easter lines.
Currently this business is fully managed, but ideal for a working owner who are happy to work about 32 hours per week with part time staff already employed.
- Excellent Investment.
- Profit to working owner for 2021FY expected to be approx. $110,000.
- Superb location in The Colombo,
- The site is one of the best locations for food in The Colombo.
- Good growth opportunities.
- Very good vendor assistance can be negotiated.
- Regular clientele.
- New large anchor tenant opened their doors end of October; thus, sales are expected to grow.
Do you have good business skills, with a warm personality? Do not delay! The hard work is done! With its easy style of hospitality, this vendor is selling at the right price.
Please note: SDE (Seller Discretionary Earning) is expected to be approx. $110,00 for a working owner, based on business performance YTD and expectations till YE.
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.