Ad ID: 90847

Cafe and Restaurant for Sale Suburban North Shore

Suburban Nth Shore Cafe - $23K Weekly Sales & 6% Rent

+ Stock of $10,000

Business for Sale Description

Cafe and Restaurant for Sale Suburban North Shore

Soaked in all day sunshine, this well known licensed cafe has been fuelling caffeine addicts and loyal locals since 2015.

The high profile cafe has great street frontage on a busy main road in a very affluent North Shore suburb, trading days only under full management. There is huge potential to add value here with current wage costs running at 50% of turnover, with an adjustment back to industry standards of 32% there are returns in excess of $220,000 a year to 1x working owner.

Business Highlights

- Strong weekly sales average of $23,000+ (GST incl)

- Cheap rent at 6% of turnover (through to 2035)

- High weekly coffee sales of 30-35kg

- Liquor licence in place

- Seating for 40 inside and 20 outside

- Open 7 days (days only with opportunity to open nights)

Businesses like this rarely hit the market. Give the hospitality specialists Sterling Arnet a call today on (021)286-3274 or James Ashwin on (021)125-6898 to discuss.

Asking Price: $369,000 + Stock of $10,000

Listing ID: KA1763

Interested In This Opportunity?

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For more info
Contact: Sterling Arnet

Sterling Arnet

Sterling Arnet
Kakapo Business Sales
Licensed REAA 2008
Broker Ref: KA1763

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