Enjoy Whakatane's Sunshine and Make Money
Listing: #18927Theresa Eagle
Broker | Bay of Plenty

About this Business for sale in Whakatane
Enjoy Whakatane's Sunshine and Make MoneyMake money from day one and enjoy the sunshine too.
Business is steady and the systems are in place, the owner has been running this eatery as a relaxed lifestyle business over the last couple of years. He takes overseas holidays, works only 3 days per week, and the second in charge is ready to step into his role.
The returns are fantastic to a working owner, over $185,000 for the 2016 financial year, or run it under full time management and still return approx. $120,000.
Great lease of $40,000 + PA. Closed on Sundays and public holidays, further scope to increase sales with longer opening hours.
Currently running as a restaurant but could make a great daytime café.
The current owner is motivated and keen to see someone else enjoy this business too.
*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.