Ad ID: 72958 Inactive

Cafe for Sale Auckland CBD

CBD Corporate Monster 5-Day Cafe. 80kg Coffee Per Week

+ Stock of $10,000

Business for Sale Description

Cafe for Sale Auckland CBD

Average Weekly Sales = $26,400+ (GST Incl) (Cafe open 48 weeks per annum)

Annual Rental = $82,000+ (GST Excl) 

Turnover to Rent Ratio = 9.7%

Please Read the following carefully

1. This business has around 4 years left on the lease with a demolition clause that means that the lease can be terminated any day with 6 months notice given.

2. All candidates must have proven experience in operating this kind of corporate cafe to be approved by the landlord.

Central CBD location, next to some of Auckland’s biggest developments. This is an opportunity to own a hospitality offering that is churning out coffees & food like no tomorrow, two cafe’s come with this business located in two large corporate buildings.

Business Highlights

- Strong weekly sales average of $26,400+ (GST incl)

- 2018 Profit: $132,000+ to 1x Working Owner

- Weekly coffee sales average of 80KG

- Semi Managed

- Open 5 days

- Brand spanking new fit out

COG's are above 46%, this leaves massive opportunity for a sharp operator to add a significant amount to an already solid bottom line.

Want to find out more? Give Sterling Arnet the hospitality specialist a call today to discuss.

Asking Price: $250,000 + Stock of $4,000

Agency Reference: KA1610

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