Cafe - Cash Surplus $517,000 p.a

Auckland City

$1,599,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c6f7ns

2019 Financial Year Sales: $3,868,000 (excluding GST)
Rent to Turnover Ratio: 6.3%
2019 Financial Year EBITDA: $517,000

One of Auckland's most prestigious sites, this is an institution. Rarely do opportunities like this present themselves to market, offering such a high standard of hospitality.

This business is fully managed, packaged with exceptional service and systems that are second to none. Open 7 days per week, from early until late, with waiting often running out the door.

An experienced hospitality operator will see that there is still plenty of upside in this cafe, a few adjustments to the turnover ratios and you could potentiality see an even healthier bottom line.

Cafe Highlights:

-Weekly sales over $85,000 p/wk including GST
-Beautiful north facing site
-Big weekly coffee sales
-Architecturally designed fitout

This is the cafe you've been waiting for, don't sleep on this opportunity.

Call Brock Sibbick today on 021 181 5457.

Price $1,599,000 + stock

*If you're on the ABC Business Sales website, please sign the confidentiality agreement below, and Brock will be in touch to book a meeting.

Enquire about this business