Ad ID: 64009 Inactive

Cafe for Sale West Auckland

West Auckland Cafe: $25,797 Weekly Sales & $23,100 Annual Rent.

+ Stock of $10,000

Business for Sale Description

Cafe for Sale West Auckland

How many cafes do you know that pay the years rent in just one week of turnover? 

Weekly Sales = $25,797 (GST Incl) 

Annual Rental = $23,100 (GST Excl) 

Turnover to Rent Ratio = 2.05%

This cash cow cafe is a Unicorn that has run under management for many years. A West Auckland institution, a place where friends, work colleagues and friendly locals congregate for their daily caffeine hit with smashing breakfast and lunch options. 

Business Highlights 

- Strong weekly sales average of $25,797+ (GST incl) 

- 2017 Profit: $287,000 to 1x Working Owner or $242,000 Fully managed 

- Long and secure lease through to 2032 

- Weekly coffee sales average of 35KG 

- Running under full management 

- Clean 'bank friendly' Financials 

- Open 6 days 

Current wage costs are high at over 36% and COG's above 33%, this leaves massive opportunity for a sharp operator to add a further $100,000 to an already substantial bottom line.

Businesses like this very rarely hit the market. Want to find out more? Give James Ashwin the hospitality specialist a call today to discuss.

Asking Price: $830,000 + Stock of $10,000

Agency reference #: KA1519

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