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Refer to Broker
* Turnover 2014 – $1.2m, net profit $185k.
* Long lease and LOW rent (6% of turnover)
* All management and staff in place
* Fully licensed Iconic cafe – central beachside location
* The owners are not involved with the day to day running
* Open from 6am to late, seven nights a week, serving breakfast, lunch and dinner.
Asking Price: $495,950 plus stock.
For full details contact Guy Cooper.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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