Cafe with Short Hours & High Profits in Whangarei

Whangarei

$195,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c4btbn



This spacious & well set-up Cafe; is located on a busy Main Road in Whangarei.

Short Operating Hours - 07:00 am - 02:30 pm from Monday to Sunday

Average Weekly Turnover is $9,500, Currently doing a Weekly T/O between $10,000 to $10,500 - there is plenty of scope and opportunity to increase this figure by increasing the Operating Hours.

Potential to convert this into a licensed cafe

Rent $910 including GST Per Week, secured lease term till Nov 2034

This is a Fully Staff Managed Cafe, Owner lives in Auckland

Net Surplus before Interest, Depreciation & Tax for six months from 01 April 2018 to 30 Sept 2018 = $73,993

Asking $195,000 (neg) + SAV

If you think you could be the one to take this Cafe; to the next level, call me now.

Please contact:

Anil Vazirani on DDI: 09 555 6020 (OR) MOB: 021 0277 8149

(OR)

Ron Vazirani on DDI: 09 555 6036 (OR) MOB: 021 294 2978

Reference: EL01657
Ref: EL01657
Timestamp: 20190920064548

Enquire about this business