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*** SOLD ***
Time To Make Money
Listing: #14271
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About this Business for sale in Auckland City
Time To Make MoneyThis business was able to provide a cash surplus close to $200,000 on its second year. Because the owner is not involved in the day to day running of the business, this amount was achieved after paying $45,000 for management. Situated in a central, busy and strategic part of the CBD, the massive foot traffic the premise enjoys is natural to the location. It is inundated by business people, visitors, and students. The next owner could enjoy a long period of positive cash flow with a lease secured for a long time. This franchised cafe belongs to a well respected international brand. Asking price is $660,000 plus stocks of around $10,000.
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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.