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*** SOLD ***
Espresso Bar CBD. 5 Days. Urgent Sale
Listing: #17799
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
Espresso Bar CBD. 5 Days. Urgent SaleThis is a stunning little espresso bar with great courtyard seating area. This was set up earlier this year for over $200,000 but sadly the owner must sell due to pressing personal situation. There are cooking facilities here, some seating inside and the majority in the covered courtyard. A very talented designer was used to create this cafe and it really looks like it too! The owner’s loss is very much your gain. The business is just starting so sales are low but there is no rent until November! After November the rent is just $19,000 per annum! Slowly the business is growing with regular customers and some decent catering orders but the owner just can’t spend too many hours at the shop. This is a fantastic opportunity for a new owner (perfect for husband and wife) to make their mark in this wonderful environment. Asking just $130,000 plus stock so come and make an offer!
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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.