North Shore Franchise Improvement Needed
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About this business for saleNorth Shore Franchise Improvement Needed
What a great cafe this is! Really good set up with heaps of parking and decent amounts of outdoor seating.
It is a shame it is just not doing as well as it used to and this is where you come in! Sales are $21k per week but it is certainly capable of more. If you are looking for a business that you can grow and reap the financial rewards of capital gain then this one is a must to view!
This cafe has seen consistent sales above $30k per week in years gone by and now needs a dynamic new franchisee to step in and crank it up.
There is a very strong lease in place and it occupies a dominant position in this busy retail and business area.
The last time this cafe sold it was well in excess of $1M! The owner needs to sell. It is on the market at $775,000 plus stock but make an offer and see where we get to!
Asking $775,000 plus stock
+64 9 555 6039
+64 21 676 832
*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.