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*** SOLD ***
Suburban Cafe. Strong Performer. Superb Reputation
Listing: #15663
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
Suburban Cafe. Strong Performer. Superb ReputationThis is many peoples favourite cafe in this major Auckland suburb. It has a very long history of providing excellent food and coffee. It is open 6 days a week and enjoys sales of over $16,000 per week. The rent is great at $30k per annum (plus GST) and there is a strong lease in place. All costs are well controlled here and there is surplus to a working owner of over $140,000 per annum. The vendor reports around 20kg of coffee. This is a nice solid business with good books and good history. This one will not last long on the market! Asking $425,000 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.