Price
$50,000
Profit *
$77,044
Sales Revenue
$159,284
Location
New Zealand, Auckland Region
Category
Food/Hospitality, Retail Food
Listing #
EL03577
The Shop Rent
Enjoying a business as a hobby rather than the stress of making money or paying rent. The business takes the advantage of the lower rent at $1,050/weekly including possible income from 3 rooms upstairs for at least $700/weekly plus 2-car parking rent.
The Shop Stories
In the high earning neighborhood location: a highly educated young couple set up the romantic cafe due to hobby; After operating 4 years happily, Because their second boy was born, they sold it to the current owner who bought it for her daughter’s dream in 2018: Working in a Café full of flowers. Sale for a similar reason.
The Shop Location
A well-known brand café located at a crossroads, close motorway, surrounded by luxury apartments, a Petrol station, luxury, and famous car dealers: Tesla, Porsche, Audi, Volkswagen, Toyota, Lexus, Mazda
The park is only 200 m walk distance, Auckland Girl’s Grammar only 450m, high traffic.
The Shop Sales
In 2019, they were only selling coffee, cabinet food & flowers, which were easy to operate with a higher gross profit margin. In 2020 and 2021, during Covid-19, the most of revenue was generated from flower sales with an 88% margin. Now, It is only selling flowers online ( the website is not selling).
Who will buy it?
The business suits for a young family to do business and live together, It may be less competitive if a change to lunch bar or takeaway?
Asking for $50,000 only.
***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.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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