Ad ID: 99502

2 Cafes in One Location Business for Sale North Shore

$18,000 Per Week. Fantastic Deal!, North Shore.

Location:

Auckland

Asking:

$425,000

Type:

Retail-Food Takeaways / Hospitality-Cafes

Business for Sale Description

2 Cafes in One Location Business for Sale North Shore

Two cafes in one location, buy one or both, the choice is yours.

This is an easy-to-operate Dine-In and Takeaway in a superb location with loyal customers. Both businesses operate on the same premises and complement each other nicely.

They are located in the busiest shopping complex in NORTH SHORE, with solid traffic on both ends. A strong mix of residential and tourist in this popular area, very close to the BEACH.

One of the café is fully Dine-In with decent size kitchen and the other café serves only cabinet food, coffee, smoothies, and Ice Cream, cabinet food is currently prepared and delivered from the main café, so, no extra overheads and just need one staff to do the work.

This business will suit a working couple, Chef, or even a barista. Full training will be provided to the approved purchaser before the settlement.

Both the cafes are owned and run by the same Vendor. A working owner would earn around $140,000 per annum, with the immense opportunity to grow the brand.

Key features of the business:

• Sales for both the cafes are around $18,000 per week including GST

• Rent just 9% of the sales

• Good and strong lease in place

• Wages well under control, just under 30%

• Food cost is sitting at 33%

• Surplus for a working owner around $140k p.a.

Asking Price $425,000 plus stock

Watch Video Here: https://www.youtube.com/embed/68deJWpfF68

To find out more, go to linkbusiness.co.nz/EL03020 and press the “Enquire Now” button to complete an online confidentiality agreement.

Rafiq Bhamani, 021 129 916, rafiq.bhamani@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

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