Wonderful Cafe Restaurant Sales over $35K PW

$900,000Auckland CityListing: #EL00420


Auckland City  


$900,000


Cafes
Refer to Broker


About this business for sale

Wonderful Cafe Restaurant Sales over $35K PW

Beautifully designed café restaurant with average weekly sales in excess of $35,000.

Located in a high foot traffic area this place has been exceptionally busy since opening towards the end of 2015.  The Vendor owns a number of hospitality businesses and is happy to give the Purchaser of this one 12 months of Vendor’s Assistance!  It is completely managed at present and this will give you the opportunity to slowly grow in to the business. Or leave it managed!

  • The fit out alone was in excess of $1M
  • Sales in excess of $35,000 per week
  • Expected Return on Investment of over 25%
  • Strong lease in place
  • 12 months of Vendor’s Assistance
  • No operational worries

This is a pretty unique opportunity and one would suit a new-comer the Hospitality Industry or someone looking for a passive investment. This is one to be exceptionally proud of!

Asking $900,000 plus stock

 

 

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

*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.