Link Business

Prime Location. Franchise Café.

$499,000North Shore CityListing: #EL01288


$499,000


$170,000


Refer to Broker


North Shore City businesses for sale 

Auckland

Food/Hospitality businesses for sale


About this business for sale in North Shore City

Prime Location. Franchise Café.

This is a key North Shore cafe and certainly one of the key stores for this franchise brand.

Here’s the thing about this listing – The cafe performs well with weekly sales near $22,800 per week and very happy customers. The business side, however, needs tightening. It is run under management and wages are approaching 44%. This is where you come in! Tweak it and there could be another $90,000 to $130,000 profit here for you! It is a wonderfully designed cafe with a superb flow to both covered and uncovered outdoor seating areas.

Some serious money was spent on the fit out and it shows. There is seating for over 100 here and good parking. It has become a meeting place for business people during the week and friends and family at the weekend. It has enjoyed solid and regular customers over the 8 years it has been in existence. The cafe is perfect for private functions (an area that has been under developed) and the kitchen is capable of handling huge amounts of catering should a new owner wish to develop this area.

The franchisor will provide training and good support to a new owner and the current owners will ensure a smooth hand over. This is a great hospitality business and would suit either someone with hospitality experience or an owner new to the industry but who has strong customer service and management skills.

Asking just $499,000 plus stock

 

Reference: EL01288

Auckland - Ellerslie
rafiq.bhamani@linkbusiness.co.nz
+64 9 555 6031
+64 21 129 1916

Rafiq Bhamani

*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.