Super excited to bring this business to market. This is one of the brand’s most important stores and has always done well.
Established over 10 years ago this cafe sits proudly at the entrance of the extremely busy Westfield Manukau City Shopping Centre. The business enjoys average weekly sales of over $42,000 and a working owner will enjoy a surplus of $315,000 (and growing!).
THE COFFEE CLUB
TCC is one of the best known and most successful Franchise cafe companies in this part of the World. Founded in 1989, the company now boasts over 400 cafes globally with 65 right here in New Zealand. The company has won many Franchise awards through the years and prides itself on its core values of delivering 'Good Food, Great Service and Excellent Coffee'.
You can be sure of excellent support and ongoing support with The Coffee Club.
WESTFIELD, MANUKAU CITY
Westfield Manukau City is one of the main regional shopping centres in Auckland’s south. Strategically located 20 kilometres from the Auckland CBD on one of the city’s primary arterial routes, the centre currently caters to a diverse trade area population of 478,000 residents, with a total accessible market of 1.2 million residents.
Westfield Manukau City is home to some of New Zealand’s best-known retailers including Farmers, Countdown and JB Hi-Fi. There is also an Event Cinemas complex on site, along with around 180 specialty retailers.
The total retail spend by the Westfield Manukau City Total Trade Area was estimated at $5.6 billion in 2020 while the total retail spend by the Main Trade Area was estimated at $3.7 billion.
WHY BUY THIS CAFE?
Simply, this has always been recognised as one of THE most important Franchise cafe sites in the Auckland Region. It is a consistent performer, and every owner has enjoyed success here. If you are after a business that basically just 'runs', this is an excellent choice. The staff are extremely good, and the business side of things is nicely controlled.
The banks also recognise this as a long-standing and solid business proposition and so the chances of borrowing for this business is greater than most.
The surplus is around $315,000 and the business continues to grow and a price change to the menu recently will add further to the bottom line.
This is a smart choice at $969,000 plus stock.
Nick Giles, 021 676 832, email@example.com
***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
SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid?
*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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
"*" indicates required fields