nzbizbuysell.co.nz/100381
Ad ID: 100381

European Style Cafe for Sale Waipa District

Well-established, licenced European Style café restaurant with stable team.

Location:
Asking:
$450,000
Includes plant/stock
Turnover:
$750,000

Business for Sale Description

European Style Cafe for Sale Waipa District

A great business acquisition opportunity to purchase a well-established, licenced European Style café restaurant.

-    Established 2009

-    Based in the Waipa district of Waikato

-    Located in a historical building with a supportive landlord and rights of renewal offering long tenure

-    Outside catering revenue stream with credible repeat customers

-    Long term staff over and above the owners


The business requires low working capital and has significant tangible assets providing tax advantages.

Revenue for FY’2020    $753,101

EBITDAP for FY’2020     $164,472


Total Enterprise Value    $450,000

SAV (circa)                     $5,245

Tangible Assets             $117,268

Goodwill                         $327,487                


This would be a suitable investment as a bolt on acquisition for an existing catering or hospitality business looking to grow their footprint, or for an investor looking for a hospitality opportunity with significant potential to grow.

This business sale is strictly confidential.

All prospective investors will be required to sign a non-disclosure and confidentiality agreement and will be required to provide personal details to meet minimum vetting criteria prior to the release of any of the vendor’s information. To find out more contact Paul Coles directly, 021 770 707.

MyAdvisor Business Sales

in association with

Lochores Real Estate Limited

Licensed Agent (REAA 2008)

Business Resources

- Business seats 55 patrons inside and a further 32+ outside.

- Has a licence until 10.30pm but only trades until 3pm currently

- Lease rights of renewal until 2030

Interested In This Opportunity?

Email to a friend / myself

 

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Similar Business Opportunities:
Cafes for Sale Waikato
Businesses for Sale Waikato
For more info
Contact: Paul Coles

Paul Coles

021770707
Business hours
My Advisor/Lochores Real Estate
Broker Ref: # 140888
Licensed REAA 2008

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