Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
Menu
-All staff and Management in place
-Banks will lend up to 50% of purchase price
-BEST Position in CBD – very difficult to get good positions in Byron Bay
-New owners will be fully trained by the franchisor
-Average managed net profit for the last 3 years $109,177 (EBITDA)
PRICE REDUCED DRAMATICALLY!!!
Was $325,000 + SAV
Now $150,000 + SAV
For full details contact Guy Cooper on the above numbers.
*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.
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