Cafe Pioneer up for sale
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About this business for saleCafe Pioneer up for sale
A Wellington Cafe is for sale 5 years after it set the benchmark for all day breakfast in the capital.
Serves everything from bacon & eggs, through to crispy waffles, luscious lowa pancakes, french toast, bagels, and their popular homemade hash browns,
Put simply, this business ticks all the boxes:
• Brand new set up by current owner 5 years ago, extensive and professional fit out..
• Prime location surrounded by office retail shops and hotel
• Well known and leading brand with all day breakfast café
• Immaculate presentation, great ambience – 245 sqm premises with approximate seating of 100
• Fully equipped & easy to operate kitchen / preparation area
• Under management, organized staffing structure, processes, procedures & systems are all in place.
• Very popular, many regulars and return customers.
• Currently operating 7 days, closing at 2:00 pm. Potential to increase sales by extending opening hours .
• Awesome staff, who are all more than happy to stay on. A strong and solid team has been built here as the staff are all long term, and this is why they all work like a well oiled machine.
• Good lease with acceptable rent for the location
•. Revenue significantly keeps growing and increasing yearly, turnover is $1,018,872 for the year ending 2017
Contact me now to plunder this opportunity.
*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.