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Profit $265,000 p.a. Franchise Cafe in Whangerei
Listing: #EL02537
Rafiq Bhamani
Broker | Auckland - Ellerslie
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About this Business for sale in Whangarei
Profit $265,000 p.a. Franchise Cafe in WhangereiWhat a fantastic franchise café this is. Fresh and humming nicely!
This is a major franchise café with excellent sales and a very strong history. Without doubt this is the flagship store for this major brand and it is one to be proud of owning.
The rent here is unbelievably good for this very high profile location at just 8% per annum based on the current sales, the lease is also nice and secure.
A full-time working owner should be able to earn around $265,000 per annum here based on current costs
Really fresh and current fit-out, so NO refurbishment required
- Weekly Sales around $27,000 per week including GST
- Superb rent for this high profile location
- A great lease in place
- Huge foot traffic
- Masses of parking
- Truly prime position in this important development area
Asking Price $795,000 plus stock.
Reference: EL02537
Contact Rafiq Bhamani now on 021 1291916
*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.