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$232,000
$1,270,000
A rare opportunity to acquire an important player in the Wellington coffee market.
I love selling coffee companies and this is an absolute peach of an opportunity. This is a highly respected Wellington-based coffee company that has been established for many years, enjoys long term relationships with customers, has a simply amazing inventory of equipment, is profitable, and has plenty of growth left in the tank for a new owner!
The premises are just fantastic. Such a cool environment in which to work. There is an espresso bar on site , training facilities, an office and, of course, the all-important roaster that takes pride of place.
This is a wonderful brand, and the sale includes all intellectual property. There is a great website in place with an online store but most of the business is the very lucrative wholesale market to cafes and restaurants.
This is a business that is in growth mode. Covid certainly impacted wholesale supply in the Wellington area but the business is picking up nicely.
CUSTOMERS
This is a business that does not rely on a few large clients. There is a good mix of customers giving that all-important security. Many of the customers have machines or grinders on loan from this coffee company adding to that certainty of supply.
Most of the customers buy beans and other consumables (including cups, lids and chocolate).
BUSINESS HIGHLIGHTS
WHY ARE THE OWNERS SELLING?
It’s just ‘time’. They have been running for the business for a very healthy length of time and they now wish to hand over their ‘legacy’ to someone else. They are NOT in a hurry to sell. Rather – they would like to find the right buyer who is going to love the brand and business as much as they have. In return the owners are happy to give a very comprehensive transition with training.
WHO WILL BUY THIS BUSINESS
I find that many people that look to buy a coffee company are people with little to no experience but with a passion for coffee and a hunger to learn. They possess transferable business skills and are looking for a brand that they can get behind and a business that they can grow. This IS that business and in spades!
You do NOT need coffee roasting experience. There are staff in place who can take care of that. If you want to learn, however, the owners would love to teach you!
You may be from the coffee industry already, but this is a purchase that is SO much more than just buying coffee volume.
Asking $725,000 plus stock
To learn more go to linkbusiness.co.nz/EL04306 and press the “Enquire Now” button to complete an online confidentiality agreement.
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.
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#coffee #roasting #lifestyle #cafe
*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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