Great South Auckland Cafe
Refer to Broker
About this business for saleGreat South Auckland Cafe
Rarely available in this area; this is a well set up cafe with great outdoor seating and located on a very busy main road.
Sales are around $7,000 and there is certainly the opportunity to further improve things here. This place used to have a liquor license and it should be fairly easy to reinstate this and get sales back up to $10k where they were.
Rent (including OPEX and insurance) is $35,000 per annum.
Even as it is, this cafe is capable of generating earnings of around $75k to a working owner but there is so much potential to increase that fairly dramatically. Catering is a real option in this area and private functions is also something that the cafe used to do well.
At $195,000 this is great buying.
*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.