Cafe Restaurant. Busy Suburb. $24k pw and $185k Profit!Listing: #EL03314
About this Business for sale in Auckland CityCafe Restaurant. Busy Suburb. $24k pw and $185k Profit!
This is a wonderful 100 seat restaurant that has been in the same hands for over 14 years and has always enjoyed strong trade.
The business is open for lunch and dinner 6 days a week and there is potential to extend those hours. There is a good mix of indoor and outdoor seating and the place has a lively relaxed feel to it.
The location is great. It’s a busy suburb and the restaurant benefits from custom for local residents, workers, shoppers and movie goers alike.
The weekend is busiest but it enjoys solid trade through the rest of the week.
- $24k per week in sales
- Full on-licence
- Strong lease in place
- Great location in a busy stretch of this suburb
- $185,000 to a working owner
- Growth potential
There are lots of cafes around on the market but not many places like this. It’s run well, has a great history and is well-priced for a business earning $185k.
Asking $485,000 plus stock
To find out more, go to linkbusiness.co.nz/EL03314 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.