Ad ID: 56546
Cafe Restaurant and Bar for Sale Auckland
Cafe Bar Restaurant Superb and 33k PW
Business for Sale Description
Cafe Restaurant and Bar for Sale AucklandThis is a highly desirable business!
Located in a top suburb, the owner has done a fabulous job in building this business nicely over the last few years. The business enjoys
excellent reviews and heaps of repeat and regular custom both from locals and visitors to the area.
The fit out is of an extremely high standard and there is a massive commercial kitchen capable of producing far more product than the business requires.
The Financial Accounts are in good order and the business enjoys sales of over $33,000 per week (including GST) and a working owner would
enjoy a surplus of around $350,000 per annum. The business is yet to reach its full potential and there is another lucrative revenue stream (catering) that has not
been attacked at all. There is certainly an upside here if you would like to grow it further.
Currently the business is operationally fully managed. The owner does drop in to see that things are running smoothly and oversees the business
side of the operation. The Manager has been there for 2 years and is highly capable.
Rent of under 6% of salesExceptionally strong leaseHighly desirable locationStrong staff and managementMassive commercial kitchenVery real growth potentialGood End of Year Accounts
This is a fantastic business in an affluent area and it is well priced at $1.05m plus stock.
Interested In This Opportunity?