Legendary Café with a Fabulous Reputation Looking for a New Bank Account to Deposit Profits.

Price

$699,000

Profit *

$275,000

Sales Revenue

$1,350,000

Location

Bay of Plenty Region, Bay of Plenty

Category

Food/Hospitality, Cafe/Coffee Shop

Listing #

BOP00279

Bay of Plenty Cafe/Coffee Shop Business for Sale
Bay of Plenty Cafe/Coffee Shop Business for Sale

About this business for sale in Bay of Plenty Region, Bay of Plenty

 

Yes, this licensed café ticks a lot of boxes for the astute buyer and will keep the bank happy.

The owner is busy with other projects and thinks a new owner with fresh energy and focus on the café will take it to another level.

The facts are:

  • Cash Surplus to a PART TIME owner over the last year is tracking to be over $275,000.
  • Spacious kitchen with high grade commercial fitout.
  • Great lease & landlord plus plenty of free customer parking
  • Full team of skilled staff
  • Growing sales year on year
  • Long lease available and currently less than 5% of sales
  • Large seating capacity all year round
  • Over 38kgs of coffee served each week, and as high as 50kgs per week in summer
  • Consistent all year round by local customers, with a fabulous spike in summer as close to beach.
  • Cafe is licensed and could be opened for evening trade

This is a great café business for first time operators, as the systems, turnover, profit and reputation is in place. Making this a great business to build on top of, as the hardest thing to do is start from scratch.

Call today, strong business for sale in this area do not come along often and sell fast when they do!

 

Theresa Eagle, 021 2890949, [email protected]
 

***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.

#wesellbusinesses #hospitality #cafe #bayofplenty

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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