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*** SOLD ***
Cafe - North Shore - Incredible Neighbourhood Opportunity
Listing: #13027
Greg Mullins
Broker | Auckland - Ellerslie
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in North Shore City
Cafe - North Shore - Incredible Neighbourhood OpportunitySet in a popular North Shore residential area surrounded by restored villas this attractive, recently renovated cafe is a brilliant opportunity for a hands on operator looking to purchase a well run daytime cafe with potential. It is currently run under management, is extraordinarily well equipped and enjoys a sunny location with indoor/outdoor seating. It also has has an unusually long lease so security of tenure is assured. The owners appreciate that, while the cafe is operating well, it should do a whole lot better if run by an owner working in the business and interacting with the customers. Also, even though they have invested a large amount of capital to upgrade and re-equip the premises, they are unable to put the time and energy into making this cafe more successful as they have decided to concentrate their efforts on their other interests; hence their reason for selling.
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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.