Cafe Bar For A Bargain
About this business for sale in Auckland CityCafe Bar For A Bargain
*This long established cafe bar located in the popular dinning street.
*Shop is about 160 m², seat for about 50 inside, 16 outside.
*Weekly rental is about $2,658 inclusive of GST, opex and rate, current under management.
*Turnover now is about $15,000, lease with 6 months demolition clause, also will require renovation for new lease upon current lease expire by 2019.
*Current vendor willing to take must less than the normal cafe price and left the capital for you in the future development.
*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.