Waterfront Cafe Bar Restaurant. Super Profits!

$1,950,000Auckland CityListing: #EL00627


Auckland City  


$1,950,000


Food/Hospitality
$570,000


About this business for sale

Waterfront Cafe Bar Restaurant. Super Profits!

This is an exceptionally well performing cafe, restaurant and bar with sales of over $62,000 per week.

The location is just superb with uninterrupted water views. There is a strong lease in place with rent around 3% of sales.

There has been good history here and a working owner can look forward to a surplus in excess of $570,000 on current trading.

·         Beautiful waterfront location

·         Strong staff contingent and good systems

·         Super low rent of 3%

·         Massive sales and massive profits!

Asking $1.95m plus stock

Reference: EL00627

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.