Ad ID: 101123

Cafe for Sale Auckland

An Auckland Cafe Star! $13k pw and VERY Desirable

Location:
Asking:
$249,000

Business for Sale Description

Cafe for Sale Auckland

This is such a great little café. It opened in 2014 and was an inspiration to many operators.

Today the cafe has had a refit and the current owners has been there for around 4 years. I know because I sold it to him!! These days he lives in Queenstown and so he looks to let someone else take the reins of this award-winning cafe.

The business is run entirely under management and would benefit from a dynamic owner-operator. Sales are still robust at $13,000 a week. Actually, the last 4 weeks have seen $15k!

The quality of the food and coffee is still mighty impressive and this is some of the most 'Instagrammable' food out there.

The rent is ridiculously low here (always one of the main drawcards). The rent is around 5% of sales! Other costs are well contained and, on current trading, there is around $115,000 as a surplus for a working owner.


HIGHLIGHTS:

• Very cool vibe here

• One of Auckland’s favourite little cafes

• Crazy low rent

• Great opportunity to grow the business


Food costs are high and so there is a massive opportunity to easily add another $35k to the bottom line if these costs were in line with the market. Wages are well controlled BUT this is 100% managed so real room for savings here.

This is the quintessential suburban 'local' cafe and the customers are fiercely loyal. The price of this one is exceptionally good. If you are after a local cafe where you can build a massive group of friends, have fun, and also grow a business into something really impressive - this is the one!

I love this place as a customer and I'm keen for it to continue for many more years! This is SMART buying at the great price of $249,000 plus stock.

To find out more, go to linkbusiness.co.nz/EL03121 and press the “Enquire Now” button to complete an online confidentiality agreement.

Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz


***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.

#buyajob #hospitality #auckland

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For more info
Contact: Nick Giles

Nick Giles

09 555 6039 or 021 676 832
Anytime
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL03121

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