If you like simple operations and HEAPS of coffee, then this one is for you!
This is the quintessential 'grab-and-go coffee' business that is light on operational complexity andheavy on coffee usage, sales, and profit!
If you have ever been to Auckland Airport you will probably have had a coffee from Retro Espresso. One of the very cool Retro caravans is inside the Domestic Termainal and there are 2 right outside the main doors of the International Terminal.
Founded in 2005, this is a stellar business that just keeps on performing and it is the envy of many a coffee operator. Over the years, the owner has been approached many times but now the time has come for him to finally retire.
BUSINESS IN MORE DETAIL
Sales here arean impressive $37,000 per weekand the carts get throughover 110kg of coffee(and up to 150kg) a week! They do serve some food but very little and there is a real opportunity for a smart operator to review this side of things.
The business is fully managed with a roster of baristas manning the caravans (1 per caravan at any one time). If you kept this format, the managed profit (EBITDA) would be circa $230,000. That represents a very healthy 33% Return on Investment at full asking price.
BUSINESS HIGHLIGHTS
* Unbeatable location
* The brand, IP and website domain name
* Over $37,000 per week in sales
* Over 100kg per week in coffee usage - that's over 6,000 cups a week!
* Over $295,000 profit for a working owner
WHO WILL THIS SUIT?
Really anyone with an eye for a simple business model with superb cash flow.In return you MUST be a solid operator with good experience of owning or running hospitality businesses.
The branding opportunities here are absolutely immense! Perhaps you have a coffee brand. Think of the thousands upon thousands of eyes you will have on your brand!PRICE
This is one of those businesses where a real price premium wouldn't be out of order but - no.We have been pragmatic, the owner and I, and this is priced superbly well at $699,000 plus stock.
Asking $699,000 plus stock
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 #cafe #hospitality#auckland
Ref: EL04446
Timestamp: 20241008024503
