Link Business

All Day Cafe Eatery & Bar with Little Competition

Listing: #BOP00341
price

$1,785,000

Profit

$617,226

sales

$1,728,771

industry

Tauranga

Industry

Food / Hospitality


Grant Jacobson

Broker | Bay of Plenty

Grant Jacobson

grant.jacobson@linkbusiness.co.nz

+64 7 579 4994

+64 27 454 0432


About this Business for sale in Tauranga

All Day Cafe Eatery & Bar with Little Competition


This all-day cafe/restaurant & bar is sited in a very affluent area in the Tauranga/Mount Maunganui area, with almost no competition. 
This award-winning business set up from new in 2014, provides a comprehensive service offering that includes a cafe, restaurant, bar, and functions 7 days per week.

Due to its site it has a strong community following and little to no reliance on tourism. The business has gone from strength to strength.

  • A hospitality business at the top of its game.
  • It has a very strong lease in place which secures the business for the future for a new owner.
  • Turnover of $1,728,771 plus GST, producing a very strong net profit of $617,226 for this mainly managed business.
  • Seating 62 inside with a dining area, private room, and bar, all providing options for its wide variety of customers. 

The business caters for cafe, dining, and bar service, with great facilities for functions and meetings. Basically, all parts of hospitality are taken care of drawing customers from all over Tauranga and Mount Maunganui and providing multiple revenue streams to the owner of the business.

Currently, run as a managed business with the owner overseeing the operation and not involved in the day-to-day activities. A new owner can either work in the business or continue to run it the same way as it very successfully does presently.

This is the first time this business has been on the market since its inception so an amazing opportunity for an experienced operator or passionate hospitality person.
If this sounds like you - call me now.

Due to confidentiality requirements by the Vendors, enquirers will have to provide evidence of previous business experience and ability to fund such a purchase before the information is released.

 

To find out more, go to linkbusiness.co.nz/BOP00341 and press the “Enquire Now” button to complete an online confidentiality agreement.

Grant Jacobson, 027 454 0432, grant.jacobson@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.
 

#buybusiness #hospitality #food #bayofplenty 
 

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Bay of Plenty
grant.jacobson@linkbusiness.co.nz
+64 7 579 4994
+64 27 454 0432

Grant Jacobson

Enquire Now

*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.