Cafe Bar Restaurant. Profits of $345k
About this business for sale in North Shore CityCafe Bar Restaurant. Profits of $345k
Yet another stunning listing! Another gorgeous cafe, bar, restaurant in a stunning waterfront location.
There is great trade here through the day and the staff do an excellent job. It is run under management and there is further room for continued growth.
This fabulous place is part of a prominent restaurant group.
- Around $50,000 per week in sales
- Excellent lease with rent around 4% of sales
- Well controlled food and beverage costs
- Just a beautiful fit-out with amazing bar area
- Gorgeous views!
Being part of this impressive Hospitality Group, you will benefit from ongoing support, access to major marketing initiatives, and enjoy enviable purchasing power. Even after a fee to the Group, you can look forward to a surplus of over $350,000 per annum.
This is a premium Auckland cafe, bar, restaurant and the magazines agree!
Asking $1.1M plus stock
+64 9 555 6039
+64 21 676 832
*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.