Corporate Lobby Café! 5 Days Only!Listing: #EL02426
About this Business for sale in Auckland CityCorporate Lobby Café! 5 Days Only!
The CBD is slowly coming back to life but we are definitely not there yet. Here is your opportunity to grab this one at an amazing price. Pre COVID sales were $19k a week and it’s Currently doing around $13k.
A REALLY important fact at the moment is that this café pays a percentage of its sales as rent.
At the moment they are paying a fixed rent of $53,000 plus GST. Ordinarily this is capped at 7% of sales. This is a really attractive incentive!
This is a GREAT corporate café! It is run under management, enjoys a premium CBD position, enjoys catering orders from the tenants in the building and surrounding buildings.
Very rare for a corporate café is the fact that rent is very reasonable and there is a nice strong lease in place.
• 5 day operation
• Prestigious corporate building
• Open 47 weeks a year
• Good catering orders
• Very attractive café
• Great set up with loads of seating
There is real opportunity for a savvy owner operator to take this one on and ride out the storm. Sone serious capital gain lies in wait if you get this right.
It has a kitchen so is quite capable of doing far more catering than it actually does and there is massive demand in this area.
Under normal trading, a working owner would have enjoyed a surplus of around $180,000 here so the opportunity is tempting!
Crazy low asking price of $239,000 plus stock!
To find out more, go to linkbusiness.co.nz/EL02426 and press the “Enquire Now” button to complete an online confidentiality agreement.
Nick Giles, 021 676 832, firstname.lastname@example.org
***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.
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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.