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$270,000
$1,900,000
Once-in-a-lifetime opportunity to secure this historic and impressive business.
I am very pleased to offer the fabulous Retro Espresso operation at Auckland Airport to the market for the very first time.
This is the quintessential ‘grab-and-go coffee’ business that is light on operational complexity and heavy on coffee usage, sales, and profit!
If you have ever been to Auckland Airport you will have seen the 3 retro US-style caravans that sit outside the International Terminal and inside the Domestic Terminal.
Founded in 2005, this is a stellar business that just keeps on performing and it is the envy of many a coffee operator. Over the years, the owner has been approached many times but now is the time has come for him to finally retire.
Sales here are an impressive $37,000 per week and the carts get through over 110kg of coffee a week! They do serve some food but very little and there is a real opportunity for a smart operator to review this side of things.
BUSINESS HIGHLIGHTS
OPPORTUNTIES
This is a highly respected operation and brand. The growth opportunities far beyond the Airport’s perimeter are very real. For sale (at additional cost) is a 4th unused caravan – just like the other 3!
There are innumerable sites around NZ where these caravans would be an absolute hit. There are opportunities to serve your own coffee, to increase the availability of light foods and baked goods. Ever thought of franchising? What a great brand to launch out there into Franchise-land!
PRICE
This is one of those businesses where a real price premium wouldn’t be out of order but – no. We have been pragmatic, the owner and I, and this is priced superbly well at $699,000 plus stock.
I would NOT hang around with this one if I were you!
Asking $699,000 plus stock
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
***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 #cafe #auckland
*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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