Franchise Cafe, Bar, Restaurant. $50k PW and Gorgeous!
About this business for sale in Auckland CityFranchise Cafe, Bar, Restaurant. $50k PW and Gorgeous!
This restaurant / cafe / bar has been successfully run by the Group itself for the past 2½ years and all systems and controls are nicely bedded down.
It is truly a spectacular set-up with a very high-end fit out. The tangible asset value is still around $800,000!
Sales are an impressive $50,000 a week on average (inc GST) and a working owner should earn around $400,000 after all costs on current trading.
The restaurant receives fabulous reviews and is well loved by locals and visitors to the area alike.
- Sales $2.2m (ex GST) to 31 December 2018
- Rent 6.99% of sales
- Strong lease in place
- Beautiful fit out and stunning location
- All systems proven
- Full training and support
This is an exceptional opportunity for someone to own a premium Hospitality business knowing that there is the safety net of an experienced Hospitality Group behind you. The Group brings with it a wealth of experience, exceptional buying power, a very active marketing system (included in
Franchise Fee, which is rare). In fact there are no other costs to pay other than purchase price and ongoing 5% royalty fee. No training fees or hidden charges.
Quite a part from the support, this is a business that anyone would be exceptionally proud to own. Visually impressive, this feels every cent of its asking price
And it should continue to provide an excellent lifestyle for a new owner for years to come.
I think this one will be in strong demand so call me for a chat.
Asking $1.2m 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.