Award Winning Cafe on North Shore For Many Years!Listing: #EL02491
About this Business for sale in North Shore CityAward Winning Cafe on North Shore For Many Years!
This is a Metro Top 50 Cafes favourite!. It is located in one of the busiest areas on the North Shore. This cafe is surrounded by offices, schools, and is a popular choice with the locals .
The current owner has run the business for over FIVE years, which has been fully managed during this time.
If you are looking for a stable suburban daytime-only café with GREAT sales, including HIGH coffee sales, look no further!
- Average sales of $18,268 incl.GST per week (over last 6 months)
- Rent is approx 7% of the sales.
- Sellers Discretionary Earnings, is currently around $116k per year.
- A good strong lease is in place.
Any potential, you ask? Absolutely! This business was under full management since it opened, meaning costs can be reduced with a working owner willing to spend more time on management.
This is a solid and robust business opportunity and well priced at $490,000+ stock!
Call Vivian Wang for more information
021 284 8168
+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.