Link Business

Iconic Pipi Cafe for sale, Havelock North

$1,100,000Hawkes BayListing: #EL01109


Hawkes Bay businesses for sale 


$1,100,000

Food/Hospitality businesses for sale
Restaurant businesses for sale, Hawkes Bay
Refer to Broker


About this business for sale

Iconic Pipi Cafe for sale, Havelock North

A truly unique opportunity to acquire this exceptional hospitality business

Pipi Cafe is a Hawke’s Bay institution that is incredibly popular with both locals and visitors

alike. The owners are very proud of what they have created and, while they will be sad to say

goodbye, they believe the time is right to pass this impressive business on to a new steward.

 

All the hard work has been done. There are solid systems in place, a great staff contingent,

and the owners will provide a strong level of training and support to the new owner.

 

The iconic Pipi Truck - a mobile pizza kitchen that is much loved for its regular appearances around

Hawkes Bay and Wellington also forms part of the sale as does all Intellectual Property associated

with this exciting brand.

With such a distinctive brand and high quality internal systems, Pipi Cafe’s new owners will have the

opportunity to maintain the current owner operator model, or look for expansion through new sites or franchising.

  •  Sales in excess of $1.7m per annum
  •  Extremely well controlled costs
  •  Impressive profits means that this business punches well above its weight compared
  •  With similar hospitality businesses

These are deeply impressive numbers by any standard and Pipi Cafe is offered to the market

at $1.1m plus stock.

 

Enquiries in strict confidence.

Reference: EL01109

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

*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.