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Cafe North Shore. RIDICULOUS PRICE!! Profit $265,000
Listing: #EL03511
Nick Giles
Broker | Auckland - Ellerslie
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About this Business for sale in North Shore City
Cafe North Shore. RIDICULOUS PRICE!! Profit $265,000Simply the owners say SELL!! A partnership split forces an urgent sale. This has to be the very BEST deal in hospitality today. YOu would make your money back in about 18 months!!
This is an excellent suburban cafe. It’s in a strong neighbourhood, is really nicely presented with quality chattels, and it has performed really well over the last turbulent year.
It is semi-managed and there are great staff in place. Surplus is circa $265,000 for a working owner (and more is certainly possible!).
BUSINESS HIGHLIGHTS
- Average sales of $22,000 per week
- Surplus in excess of $265,000
- 35kgs coffee per week
- Lease to 2035 with VERY reasonable rent
- Quality chattels and set up
- Great suburb
- Semi-managed
Buy this, run it for a year and give it back to me and I will make you some VERY nice capital gain.
FIRST IN .... FIRST SERVED!!
Asking a ridiculous $350,000 plus stock
***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.
*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.