Ad ID: 73012 Inactive

Cafe for Sale Auckland City Fringe

Retro Cafe In Affluent City Fringe Location - Cheap Rent

+ Stock of $3,000

Business for Sale Description

Cafe for Sale Auckland City Fringe

This retro classic café is a hospitality institution in this affluent city fringe suburb. In fact, it's a place where friends, work colleagues and friendly locals congregate for their daily caffeine hit. The café is a relaxed location in the heart of the central city fringe, surrounded by home owners with high disposable incomes and a high uptake of Kiwi coffee culture. 

The café itself has a great rustic charm and very retro tables and chairs alongside the front modern glass counter/display area. The design of the cafe has a great old school feel and offers traditional cafe classics. The cafe suits the area and is well supported by the locals. The kitchen is functional, adequate size and the right amount of visibility to customers.

The value add comes on the back of additional marketing, improved GP and a more modern offering plus a massive added bonus of being closed for three weeks over Christmas.

The Opportunity

- Expanding on the existing food offering - more modern food.

- Opening longer hours on the weekend

- Opening evenings - at present there is no evening offering.

- Connecting with local businesses for catering

- Getting involved more within the local community 

- Prices need increased - GP is too low

- Use of Social media


Key Business Stats

- $4,500 (incl. GST) average weekly sales (cafe only open for 49 weeks / year)

- No wages - 2 x owner operators

- Cost of goods running at 65%

- Weekly rent of just $760 + GST per week


Cheap rent and plenty of potential for growth, what could you do with this opportunity? Call Mike Ponsonby today to find out more

Asking Price: $199,000+ Stock of $3,000

Agency Reference: KA1607

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