Fabulous Auckland Cafe. Award Winner. Great Suburb!Listing: #EL03149
About this Business for sale in Auckland SurroundsFabulous Auckland Cafe. Award Winner. Great Suburb!
This is another PREMIUM Auckland Cafe and it is located in a highly desirable and affluent suburb.
The owner set this place up some 5 years ago now and it fast became the 'go to' cafe in this area. Still today it appears in various magazine awards listings!
This is daytime only cafe on a great, sunny site with a good mix of indoor and outdoor seating. The menu has some interesting twists and several dishes have been featured in magazine articles.
It pumps out 55kg of coffee and enjoys sales of $30k per week. A working owner can look forward earning around $300,000 per annum here. It's another of those businesses that just bounced back super strong after each lock down last year.
A BIG draw card here is the rent! After subleasing an office space, the cafe's rent is just $28,000 per annum or under 3% of sales!! Costs are generally well controlled here but a savvy operator could shave off several percentage points more from wages and food costs.
- An Auckland favourite and award winner
- $30k of weekly sales
- 55kg of coffee per week
- Crazy low rent just at under 3% of sales!
- Still room for growth
- New lease extension
The owner decided not to open late but there is certainly scope in this cool neighbourhood to open in the evening. The liquor licence runs to 10pm and so this is certainly a possibility. At the moment the hours are 7am to 3pm and the business closes each Public Holiday and for 2 weeks at Christmas. Just opening these extra days would add to your impressive bottom line!
This is another of those 'good ones' so don't let it get away. Contact me for more information.
Asking $1,050,000 plus stock
To find out more, go to linkbusiness.co.nz/EL03149 and press the “Enquire Now” button to complete an online confidentiality agreement.
Nick Giles, 021 676 832, firstname.lastname@example.org
***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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*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.