This is a great neighbourhood cafe. It's been around for years and is has a super staunch customer base. It is NOT about the owner. The business is almost entirely run under management.
Sales average $35k a week and the Christmas period saw plenty of $50k+ weeks! This is a licensed cafe that has a 'crowd pleaser' menu and it's a hit with families.
Here is the REAL reason you will buy this …….. the price!!!! There is an absolute HEAP more profit here for a new owner. The current owner has been largely absent over the last 18 months or so and, whilst sales are strong and food costs are well controlled, he has (purposefully) allowed wage costs to escalate. Put it this way, if wages were controlled to industry 'standard' for this type of business … the profit would be well north of $350,000 per annum! As it is, the business is running at around $260k surplus.
BUSINESS HIGHLIGHTS
* Good lease in place
* Reasonable rent for location
* Years of solid custom
* $35,000 per week in sales
* Good staff in place
* Relaxed environment
* Great corner site
This is SMART buying! If you are looking for a relaxed cafe with great potential to earn some serious money - this one deserves your attention.
Asking $720,000 plus stock
To find out more, go to http://linkbusiness.co.nz/EL03416 and press the "Enquire Now" button to complete an online confidentiality agreement.
Nick Giles, 021 676 832, [email protected]
***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.
#wesellbusinesses #LINKhospitality #cafe #hospitality #auckland
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Ref: EL03416
Timestamp: 20220201110101
