North Shore Cafe Restaurant. $45k PW and $520k Managed Profit!!

What a fabulous lifestyle awaits you in sunny Orewa!

This is an outrageously good all-day eatery located in a perfect upper North Shore location.This is a managed business and, so, the lifestyle this one can afford you is enviable.

On the current price you will achieve a superb 31.5% Return on Investment. Show me another investment vehicle that can achieve that!

The figures are stellar with sales of over $45k per week on average and still there is growth possible. There are hours that this business should be open, but the owner has other interests and hasn’t ‘got to it’ yet!

The lease is phenomenal – it runs to 2048 and the rent is UNDER 5% of sales!! Food costs are well controlled and fully managed wages are good at 39% but could be better!

This is a well-established cafe restaurant with a very strong following. The location means that it picks up plenty of non-local business.

BUSINESS HIGHLIGHTS
• Strong sales at over $2.3m per annum
• Surplus to working owner of $590,000 or fully managed profit of $520,000
• Ridiculously strong lease to 2048 and LOW rent
• Great team of staff
• Very well established
• Very genuine growth opportunities


This really is a business that you should be looking at. It is exceptionally well-priced for over $520k EBITDA.

Great buying at $1.65m plus stock

Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.


#managed #profits #hospiatlity #lifestyle #returnoninvestment

Agency reference #: EL04351