nzbizbuysell.co.nz/104602
Ad ID: 104602

Coffee Bar for Sale Martinborough

Epic Coffee Bar in Dream Location

Location:
Asking:
$65,000
+SAV, Negotiable

Business for Sale Description

Coffee Bar for Sale Martinborough

Located in a prime location in the heart of the bustling Martinborough village. 

Asking price is $65,000 plus SAV (negotiable). Interested parties can get in touch for a full information memorandum.

The business averages turnover between $4k - $4.5k per week and has a high profit margin, excellent lease agreement and requires limited staff. 

Current lease in place is only $210 p/week and this includes electricity, wifi, security and rubbish removal. Landlord has been great to deal with and has been extremely accommodating, particularly around Covid-19 restrictions. 

The business has traded well during level 2 and we haven’t noticed a large drop in turnover despite the obvious restrictions. 

We predominantly sell cabinet food and coffee making it a very simple business to run. With only a couple of staff required the business would suit working owners looking for a lifestyle business. 

Current owners are reluctantly selling but unfortunately have a new business venture, which requires more cash and time than we anticipated! 

December to April are the busiest months for the business with several large events over the summer. This makes it a perfect time to purchase the business. 

With borders set to open in 2022, the business is well positioned for the future 

For more info
Contact: Owner

Owner

0273225518

Broker Ref: Mark
Licensed REAA 2008

Interested In This Opportunity?

Email to a friend / myself

 

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