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*** SOLD ***
One of the Cafe Stars in Auckland, and $430k+ Profit
Listing: #EL02513
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About this Business for sale in Auckland Surrounds
One of the Cafe Stars in Auckland, and $430k+ ProfitYes, simply a super star!
Current owner bought this business a year ago when he had no hospitality experiences at all, however, this business just keeps performing well.
It's currently doing average of $38,700(including gst.) per week and, with well controlled COGS 31%, labour cost 32%, and rent is only 6.8% of sales. One working owner should be easily making $430k or $370k fully under management.
- Strong weekly sales!
- Long, secure and strong lease in place!
- Top quality fit-out.
- Seating around 80-100 both inside and out.
- Really well controlled costs!
- Run fully under management.
- Any potential for growth? Absolutely!
Asking $1.4m plus stock!
Vivian Wang
021-284 8168
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.