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*** SOLD ***
CBD Cafe, Bar, Restaurant. Big Weekly Sales!
Listing: #14772
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 Auckland City
CBD Cafe, Bar, Restaurant. Big Weekly Sales!This is a famous place and is located in a superb central location which attracts a wide range of customers. There is very long history here and so it is nice and stable. Sales are over $45k per week and an owner operator should expect to earn significant profit here. Currently the business is fully managed and is still very profitable! There is a good mix of coffee, food and alcohol sold here and so costs can be well controlled. This is presented to the market at a fantastic price and would suit someone looking to run a hospitality business at the upper end of the game. At present it is run under management. Asking $860,000 plus stock
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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.