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Rare opportunity to own a business on prime location. It is a long established cafe in Wellington City, fully re-branded and repainted. The business has a very diverse cross-section of clientele, surrounded by Government and corporate offices, 5 star hotels and student accommodation.
The Café shop has a full kitchen which is used for the daily running of the business. The premise has indoor seating for approximately 25, along with outdoor tables. The Café business provides a friendly environment, focusing on serving high quality coffee with fresh homemade food, including slices, cakes and scones. Customers can order from the breakfast and lunch menus with the meals cooked by the owner and staff.
Currently run by one full time owner and one staff member. The cafe trades 6 days a week – Monday to Friday from 7:00 am to 4:00 pm; Saturday 9:00 am to 1:00 pm.
Monthly rent only $2,700 including GST and one car park. In the 2015 financial year revenue was $200,091 with average weekly coffee bean consumption of 8-10 kgs. This business has a great client base of happy and loyal customers.
Owner have successful run the business over 12 years and is wanting to retire.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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