Link Business
*** SOLD ***

Very Profitable North Shore Café. A Star

Listing: #19519
price

$990,000

Profit

Refer to Broker

industry

North Shore City

Industry

Food / Hospitality


Nick Giles

Broker | Auckland - Ellerslie

Nick Giles

nick.giles@linkbusiness.co.nz

+64 9 579 9226

+64 21 676 832

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in North Shore City

Very Profitable North Shore Café. A Star
What a wonderful café this is! This is one of my ‘go to’ places on the Shore (when I can get a seat). Always a vibrant feel here and great coffee and really interesting menu. This café has enjoyed its share of the limelight having been featured in a number of magazines. The business is nice and solid with sales averaging $28,500 per week. Wages are well controlled at 30% and rent is under 5% of sales with a nice strong lease in place. The café has great staff in place and currently one owner works full time Front of House. An owner operator should look to earn around $330,000 plus per annum before paying themselves. If you are in the market for a fun and vibrant café that has great systems in place, a very loyal following and heaps of character this could be the one you have been waiting for. • Award winning café • Consistent performance • Very strong North Shore suburb • Superb systems and staff in place • Good lease with rent under 5% of sales • Costs well controlled • One of my favourite Auckland cafes! Asking $990,000 plus stock
Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 579 9226
+64 21 676 832

Nick Giles

Enquire Now
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.