Fantastic Cafe Opportunity on North Shore!Listing: #EL02475
About this Business for sale in North Shore CityFantastic Cafe Opportunity on North Shore!
This is a day-time Only café, located in one of the best suburbs on Auckland’s North Shore. Previously an award winning cafe and with simply fantastic fit out. It is easy to see why it has been one of the local's favourites, and would stay that way if the standards are kept consistent. Unfortunately, as the current owners did not have much experience in the hospitality industry the sales have dropped since they took over. If you are an experienced cafe operator, there is a perfect opportunity to easily drive the sales back up!
Some highlights about this business:
- Average weekly sales of last 6 months are about $16k(incl. gst.)
- Rent +opex + gst are approx $1,990 pw, which is around 12.49% of current sales(this could be reduced to under 10% if sales are driven up.)
- A large kitchen and great cafe set-up!
- 80 seats plus kids play area!
This place already has a funky, vibrant environment, what do you need to do next?
Bring great food, service and coffee!
Asking $420,000 plus stock!
Note: Due to the confidentiality of this business stock photo Images may be used to represent the business. Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and completion of a Confidentiality Agreement. Please contact the broker for further details.
+64 9 555 6045
+64 21 284 8168
*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.