Cafe with Multiple Income Streams $297,000 Profit
Listing: #EL00222Nick Giles
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Cafe with Multiple Income Streams $297,000 ProfitI have known this café for many years and it is an extremely solid performer. The location is just beautiful and it enjoys a very high quality fit-out.
Occupancy costs are nicely under 10% here and it really does enjoy a monopoly position in this area with no chance of being built out!
The café has the added bonus of attracting functions and private events and there is ample opportunity to grow this lucrative sector of the business. There are strong systems and procedures in place around functions and so this runs like clockwork.
- Sales in excess of $28,000 per week
- A real opportunity to grow the very lucrative functions side of things.
- Very strong history here with a great staff in place
- Occupancy costs around 7.2% of sales
- Stunning environment
- Strong lease and good Landlord
- Nice accounts – bank friendly
If you have a passion for hospitality and perhaps some experience on the events or functions side of things this could be the perfect solution for you. This is a premium business in a premium Central Auckland location
Exceptional business and fantastic buying at $860,000 plus stock
Reference: EL00222
Sarah Stratford
021 479 549
DISCLAIMER
Note: Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*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.