PRICE REDUCED! Neighbourhood Cafe. $225k Profit. Gorgeous Place!
Listing: #EL03442Nick Giles
Broker | Auckland - Ellerslie

About this Business for sale in Auckland Surrounds
PRICE REDUCED! Neighbourhood Cafe. $225k Profit. Gorgeous Place!THE OWNER (WHO IS HAVING A BABY) IS PREPARED TO MEET THE MARKET AND HAS ASKED ME TO REDUCE THE PRICE ON THIS EXCELLENT BUSINESS.
This is one of those very sought-after cafes tucked away in a neighbourhood area with very little competition around. This one has a beautiful set up and is a firm favourite with locals. It’s also become a bit of a destination cafe, especially for weekend brunch.
There is a light and airy feel about it and it enjoys seating on the footpath, in the main cafe and in a courtyard at the back.
Sales are average around $21,000 per week NOW and there is $225,000 here for a working owner and that is EVEN with Covid months. If you removed Covid months and annualised there is $274,000 surplus here!!
There is a great team in place and it is actually fully managed. There is a superb lease in place to 2036 giving you real peace of mind.
BUSINESS HIGHLIGHTS
- Very well-controlled costs
- Quite capable of running under the management
- $21,000 per week in sales
- Surplus to an owner-operator of $225,000 (or possibly $275k!)
- Lovely fit-out
- Super strong lease to 2036
This is another excellent cafe choice. If you are looking for a neighbourhood cafe that can run under management and is profitable, this is a winner!
This one is superbly priced and just a great all-round buy.
NOW ASKING $569,000 plus stock
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
***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.
#wesellbusinesses #cafe #food #auckland #hospitality
*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.