These stand alone Espresso Bars are cleverly thought out, and are superbly located with large numbers of people going past.
An experienced manager is based at one site, while it would be expected that the purchaser would operate from the other site. There are fourteen other staff (mostly part time) needed to operate these busy kiosks. Both sites have been trading for many years, and are easily operated.
The business is not franchised, and therefore franchise royalties do not have to be paid.
The net profit in the current financial year is on track to exceed to $160,000 (where one owner would be expected to work a 40 hour week), and there is no reason why this net profit would not increase next year.
The premises are superbly presented.
As the sale is confidential please call Charles Deans in the first instance, 027 221 3715. A detailed information memorandum is available upon signing a confidentiality agreement.
For Sale: $372,000
Cash Surplus: $162,000+