Price
$1,180,000
Profit *
$430,000
Sales Revenue
$2,100,000
Location
Auckland Region, Auckland Surrounds
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
EL04082
This is another premium cafe listing and I'm a big fan of this one. It enjoys such a premium foot traffic location.
It's a wonderfully airy cafe with seating for around 100 people. It is daytime only and does have a liquor license (very little alcohol is served).
The staff are impeccably turned out and the service really is a cut above most cafes. This cafe was designed for and partly by the current owner. It has a great flow from a large welcoming main Barista and food cabinet counter to a semi-open kitchen that looks out over the entire seating area.
The cafe has proved itself to be a super solid business. It enjoys average weekly sales of over $41,000. The is a fully managed business. The owner does not work on the floor here. He does oversee and he does the paperwork. He has 2 other businesses to worry about! With recent price increases, this place should net an investor around $370,000 a year. If they choose to work here, then $430,000 as an owner’s surplus!
BUSINESS HIGHLIGHTS
This is one of those very solid cafe businesses that everyone looks for. It has proven itself really well over the years. If you are after a hospitality business that just runs really well, will give you not many headaches, and will make some really decent money – then this is it!
Asking $1.18m plus stock
***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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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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