Cafe Bar Restaurant. Profits of $520K!
Listing: #EL00907Nick Giles
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Cafe Bar Restaurant. Profits of $520K!This is a beautiful cafe, bar, restaurant that has featured in many magazines and it's one of my favorite places to dine!
Part of a prominent restaurant group, this place has an incredibly relaxed feel to it and enjoys good trade throughout the day. The staff are excellent and it runs extremely well under management.
- $65,000 per week sales and no seasonality
- Stunning fit-out
- A major hit with magazines and customers alike
- Well controlled costs
- Rent just 3% of sales!
Being part of this impressive hospitality group, you will benefit from ongoing support, access to major marketing initiatives, and also enjoy enviable purchasing power. Even after a fee to the group, you can look forward to a surplus of over $520,000 per annum.
If you have dreamed of owning a superbly performing restaurant this is one you would most certainly be proud to own.
Asking $1.8M plus stock
Reference: EL00907
*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.