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Spectacular South Auckland Cafe. $43k PW. $427k Profit!!
Listing: #EL04116
Nick Giles
Broker | Auckland - Ellerslie
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About this Business for sale in Auckland Surrounds
Spectacular South Auckland Cafe. $43k PW. $427k Profit!!A lovely business with lovely accounts!!
This is a superbly presented large cafe in an area of Auckland with massive development. The business is fully managed and operates seamlessly.
Average sales are $43,000 per week (inc GST) and there is absolutely room for growth. There is an excellent lease in place and the rent sits nicely under 10% of sales.
BUSINESS HIGHLIGHTS
- Fantastic environment
- $43,000 per week
- Owner surplus $427,000
- Managed profit $365,000 and that is a 36.5% RETURN IN INVESTMENT!
- Great lease in place
- Really well presented
- Accounts in perfect order
Rare to have hospitality businesses of this magnitude and quality in this area and this one is SUPERBLY priced!
Asking $998,000 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.
#cafe #wholseale #bakery #opportunity #hospitality
#cafe #profit #coffee
*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.