Ad ID: 69942 Inactive

Cafe and Deli for Sale Southland

Cafe and Deli -  Cash Cow - Lower South Island


Business for Sale Description

Cafe and Deli for Sale Southland

Business opportunity:

This very established café/Deli with a strong loyal customer base and reputation is on the market for the first time since it was established some 15 years ago. The café comes with a full kitchen and can seat up to 90 people, with an average weekly turnover of nearly $18k including GST.

Business Strengths:

• Strong growth and profitability (sales up 30% in last three years)

• Strong local reputation

• Excellent location and fit-out

• Quality food all prepared on site

• Trip Advisor top 10 Cafes in the area

• Fantastic cash flow

• Opportunity to expand operating hours to include evening dining The Buyer:

The ideal buyer could be:

• A buyer who has prior hospitality experience and wanting either to relocate or expand

• A working Chef wanting to own their own growing business

Note the owner of this business works front of house, NOT in the kitchen, so a friendly personality is an asset

Business Resources

Reasons for Sale:

The owner has had over 20 years in the hospitality business and is now looking for a new challenge. The time is right to provide a new owner with the opportunity to grow this very well established and profitable business.

The Vendor would provide necessary support to ensure a smooth transition.

Sale Price $440,000

Net surplus $170,000 EBITDA ( Earnings before interest,tax,depreciation,and one proprietors income.)

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