Link Business
*** SOLD ***

North Shore Cafe. $270k Profit . Price Just $390k!!! $34k PW in Sales.

Listing: #EL04086
price

$390,000

Profit

$271,000

sales

$1,840,000

industry

Auckland Surrounds

Industry

Food / Hospitality


Nick Giles

Broker | Auckland - Ellerslie

Nick Giles

nick.giles@linkbusiness.co.nz

+64 9 579 9226

+64 21 676 832

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Auckland Surrounds

North Shore Cafe. $270k Profit . Price Just $390k!!! $34k PW in Sales.

What a spectacular price! The owner has a very real reason to sell .. hence the crazy price!

 

This is a great neighborhood cafe. It’s been around for years and is has a super staunch customer base.  It is NOT about the owner.  The business is almost entirely run under management.

Sales average $34k a week through the year. This is a licensed cafe that has a ‘crowd pleaser’ menu and it’s a hit with families.

There is an absolute HEAP more profit here for a new owner.  The current owner has been largely absent over the last 18 months or so and, whilst sales are strong and food costs are well controlled, he has (purposefully) allowed wage costs to escalate. Put it this way, if wages were controlled to industry ‘standard’ for this type of business… the profit would be well north of $350,000 per annum! As it is, the business is running at around $270k surplus.

 

BUSINESS HIGHLIGHTS

  • Reasonable rent for location
  • Years of solid customers
  • $34,000 per week in sales
  • Good staff in place
  • Relaxed environment
  • Great corner site

 

Here is the REAL reason you will buy this …….. the price!!!!

This is SMART buying!  If you are looking for a relaxed cafe with great potential to earn some serious money - this one deserves your attention.

Asking just $390,000 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.

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 579 9226
+64 21 676 832

Nick Giles

Enquire Now
This listing is no longer taking enquiries as it is SOLD
Auckland - Ellerslie
rafiq.bhamani@linkbusiness.co.nz
+64 9 579 9226
+64 21 129 1916

Rafiq Bhamani

*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.