Great Cafe! Makes $125k Under Management. That’s a 37% Return On Your Money!!
Listing: #EL03756Nick Giles
Broker | Auckland - Ellerslie

About this Business for sale in Auckland Surrounds
Great Cafe! Makes $125k Under Management. That’s a 37% Return On Your Money!!Great Cafe! Makes $125k Under Management. That’s a 37% Return on your Money!!
The owner has a really compelling reason to sell this as he must travel overseas soon. I have just dropped the price and so it is now a REAL bargain!
This is another really solid café business. It is located in a nice, upmarket area. I know it well as I sold it the first time around!
The owner comes in for just 2 hours a day! You could fill that time with staff but he likes to help out over the busy lunch period. If you worked here full time you would make a surplus of $185,000.
The business runs super smoothly. The staff a really happy here and do a great job.
There is strong lease to 2031 in place and the rent is reasonable for such a prestigious location. There are heaps of workers in the area and a large residential catchment area.
BUSINESS HIGHLIGHTS
- Sales around $17k per week
- Well-controlled costs
- Surplus of $188,000 for working owner
- $125,000 FULLY MANAGED
- Strong lease to 2031
- Heaps of parking in the area
- Strong catchment area
- 95% run under management!!
WHY BUY THIS ONE?
This is such an attractive price and it has proved itself to be a super solid business. It's well established, it’s a fun environment and it's just a little different from every other cafe out there.
The owner will give good training and support to the new owner.
Asking $332,000 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.