Busy Down Town Cafe
$80,000 plus SAV
Refer to Broker
About this business for saleBusy Down Town Cafe
This is your chance to secure and maximise the full potential of this popular well-presented CBD Café. This Cafe has high street exposure, lots of foot traffic, with seating for 50 plus diners and is currently run by a couple working full time in the business. They currently provide a range of cabinet food plus an all day menu.They also do some out catering to businesses in the down town area which could be expanded by the new owners if required.
There is a well equipped kitchen in place which would enable a further extension of the all day menu or a dinner menu could be added to further increase the turnover. Currently trading 5.5 days, closing Sundays, all public holidays and a 10 day period over the Christmas holidays.
Consistent gross profit of over 62% has been achieved by the current owners over last four years. Good lease in place with renewals until 2022.
Join the exciting growth in the Tauranga down town area as all the hard work has been done in this cafe over the last 6 years by the present owners.
A full Information memorandum is available upon filling out a confidentiality form.
***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. Please contact the broker for further details.
+64 7 579 4994
+64 27 454 0432
*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.