Cafe in a top city fringe-Rental $23,513 PA
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About this business for saleCafe in a top city fringe-Rental $23,513 PA
This is a highly desirable business!!!
The current owner has successfully owned this business for over 8 years. The business enjoys heaps of repeat and regular customers both from locals and visitors to the area.
Currently the business is fully operated by staff, and is open daily for breakfast, coffee and cabinet food. Weekly coffee sales are approximately 20kg. The owner regularly drops in to see that operations are running smoothly and oversees the business side of the enterprise.
The business is yet to reach its full potential and there is another lucrative revenue stream (application for fully license is already well underway) that has not yet been implemented.
The owner is moving overseas, and the business is priced to sell. This surely makes it an ideal opportunity for a working owner or a couple.
This was listed at $153,000 and now has been reduced to $123,000 for QUICK SALE!
*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.