About this Business for sale in Wellington Central

This iconic cafe is one of the BEST in Wellington and one you would be proud to own.

In the same location over the last 20+ years, this cafe has built up a solid reputation for its diverse menu and fantastic customer service, and is a firm favourite within the Wellington community.

Situated in a crowded area with high foot traffic, busy with commerce, easily accessed by public transport. This prime location ensures the cafe has a steady flow of customers each day and is also well supported by tourists and nearby businesses. The cafe is packed from open until close.

Business Highlights

  • A thriving and profitable cafe located in Wellington's Golden Mile
  • Rave reviews and an excellent reputation
  • Well-known name in Wellington city
  • A daytime-only operation
  • Loyal repeat customers
  • Consistent sales for last 4 years ($1,399,457 for ten months trading in 2021; $1.6m+ in 2020, 2019 & 2018. All figures exclude GST)
  • 40-60kg coffee beans sold per week
  • A fulltime working owner should expect to earn over $370,000 p.a.

This is an incredible opportunity for a passionate owner-operator to take the reins and put their stamp on this unique business. Complete an enquiry now.

 

PLEASE NOTE: Strict Confidentiality Applies – To find out more, press the “Enquire Now” button to complete an online confidentiality agreement. You will also need to prepare the broker a letter of intent outlining your background, industry knowledge, business experience, and your ability to finance this business. Once the broker has the above documentation, they will organise a face-to-face meeting with you before sharing name and location of this business, or any further information than disclosed in this advertisement.

***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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*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.

Listing: #WL00482
Price: $870,000
Profit*: $370,760
Sales Revenue: $1,399,457
Wellington Region, Wellington Central
Food/Hospitality, Cafe Restaurant
*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.

*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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