5-Day Cafe/Catering/Function Opportunity
Auckland City businesses for sale
Food/Hospitality businesses for sale
Refer to Broker
About this business for sale5-Day Cafe/Catering/Function Opportunity
This profitable 5-day (Monday to Friday) cafe, catering and function business enjoys an attractive upmarket, corporate environment in well-established premises in Central Auckland close to the CBD.
It currently runs mainly under management, has an excellent kitchen and well suited as a worthwhile add-on to an existing hospitality business especially as it has an impressive customer base.
It's also an ideal opportunity for an experienced operator who is comfortable working with high-end customers as the business could be improved even more in the hands of such a person.
Sales have averaged over 14,000 per week for the last 12 months, the premises are exceptional, the fit out is impressive and the opportunity is exciting.
Furthermore, not only is the rent is surprisingly low at less than 7% of of sales, the lease term is also long enough to provide plenty of security for a new owner.
Exceptional enterprises of this calibre don't often come onto the market so, if you're interested and think you have the necessary skills to run a corporate focused venture, it would be well worthwhile finding out more about this opportunity sooner rather than later!
Asking $458,000 plus stock
+64 9 555 6029
+64 21 943 844
*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.