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Must See Cafe for the First Time Buyer
Listing: #19587
Yong Wu
Broker | Auckland - North Shore
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About this Business for sale in North Shore City
Must See Cafe for the First Time BuyerNicely set up cafe was settled by the current owner since 2011. It is located in the main road of Browns Bay nearby the beach. Current turnover is about $5,000 for 6 days trading. Summer open 7 days will increase the sales again. $700 weekly rent include GST and most of food made on site which means bring the gross profit up to 65%. Currently run by two working owners and one part time for help. Seating in and out about 50. This is a must see cafe for first time buyer because of the cheap rent and low overhead. Vendors are happy to provide full training for the new purchaser. Call me to view more.
*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.