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*** SOLD ***
Café with Catering – 5 days only. Central Suburb. 100% Clean Accounts. Very Solid and Very Profitabl
Listing: #12179
Nick Giles
Broker | Auckland - Ellerslie
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in
Café with Catering – 5 days only. Central Suburb. 100% Clean Accounts. Very Solid and Very ProfitablThis is a cracker of a business! Clearly showing over $100k profit on March ’09 accounts …. A fair chunk more expected for the 2010 accounts. This is solid. Open just 5 days Monday to Friday so have the weekends FREE … or there is plenty of scope to open at weekends. The business is most certainly there to increase further. Turnover is averaging $13k per week and the split is 65% café 35% catering. Here’s another exciting bit …..there may well be the opportunity to expand the premises and take the café side of the business to a completely different level! There is even an apartment upstairs that can either be rented out (approx $270 per week) or used as further storage Oh … and did I say it only operates for 11 months of the year?! Call me now for further information on this one.
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This listing is no longer taking enquiries as it is SOLD
*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.