Ad ID: 101912

Premium Cafe for Sale Auckland

Solid Auckland Premier Café. $30k and 55Kg Coffee PW!

Location:

Auckland

Asking:

$998,000

Type:

Hospitality-Cafes / Hospitality-Restaurants

Business for Sale Description

Premium Cafe for Sale Auckland

A solid business that bounces straight back after lockdown

This fantastic café is located in a great suburb and is the clear favourite in this area. This is a daytime only cafe on a great, sunny site with a good mix of indoor and outdoor seating.

The café enjoys sales of around $30,000 per week and goes through 55kg of coffee. It's another of those businesses that just bounces back super strong after each lock down and did good trade through L3.

A BIG draw card here is the rent! After subleasing an office space, the cafe's rent is just $28,000 per annum or under 3% of sales!! Costs are generally well controlled here but a savvy operator could shave off several percentage points more from wages and food costs.

KEY HIGHLIGHTS

• An Auckland favourite and award winner

• Around $30k of weekly sales

• 55kg of coffee per week

• Around $300k for a working owner

• Crazy low rent just at under 3% of sales!

• Still room for growth

• New lease extension

The owner decided not to open late but there is certainly scope in this cool neighbourhood to open in the evening. The liquor licence runs to 10pm and so this is certainly a possibility. At the moment the hours are 7am to 3pm and the business closes each Public Holiday and for 2 weeks at Christmas. Just opening these extra days would add to your impressive bottom line!

This is another of those 'good ones' so don't let it get away. Contact me for more information.

Asking $998,000 plus stock

To find out more, go to linkbusiness.co.nz/EL03149 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.

#wesellbusinesses #cafe #auckland

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