The Coffee Club Westfield Manukau. Profits $300k+Listing: #EL03171
About this Business for sale in Manukau CityThe Coffee Club Westfield Manukau. Profits $300k+
A rare opportunity to acquire this superb Franchise store. This is one of the brand's top-performing cafes and has been a solid business for many years now.
The current owner has been there for just over 4 years and has a very genuine reason to sell. He doesn't want to sell as the business has been very good to him - but new circumstances mean that this profitable cafe could be yours very soon!
The business sits at the main entrance of Westfield Manukau - one of the country's premier shopping malls. The business has seating both inside and outside undercover. There is access from both within the mall itself and from outside.
Through COVID the store performed remarkably well and bounced back extremely quickly after each lockdown. The owner has done a great job in controlling costs, and this is nicely profitable and waiting for its new custodian.
- One of the brand's top stores
- Current sales of around $35,000 per week
- Profit nicely in excess of $300,000 per annum
- 40 - 45kg coffee
- Refurbished when current owner bought it
- Strong training and support on offer
THE COFFEE CLUB
TCC is one of the best known and most successful Franchise cafe companies in this part of the World. Founded in 1989, the company now boasts over 400 cafes globally with 65 right here in New Zealand. The company has won many Franchise awards through the years and prides itself on its core values of delivering 'Good Food, Great Service and Excellent Coffee'.
You can be sure of excellent support and ongoing support with The Coffee Club.
WESTFIELD, MANUKAU CITY
Westfield Manukau City is one of the main regional shopping centres in Auckland’s south. Strategically located 20 kilometres from the Auckland CBD on one of the city’s primary arterial routes, the centre currently caters to a diverse trade area population of 478,000 residents, with a total accessible market of 1.2 million residents.
Westfield Manukau City is home to some of New Zealand’s best-known retailers including Farmers, Countdown and JB Hi-Fi. There is also an Event Cinemas complex on site, along with around 180 specialty retailers.
The total retail spend by the Westfield Manukau City Total Trade Area was estimated at $5.6 billion in 2020 while the total retail spend by the Main Trade Area was estimated at $3.7 billion.
WHY BUY THIS CAFE?
Simply, this has always been recognised as one of THE most important Franchise cafe sites in the Auckland Region. It is a consistent performer and every owner has enjoyed success here. If you are after a business that basically just 'runs', this is an excellent choice. The staff are extremely good and the business side of things is nicely controlled.
The banks also recognise this as a long-standing and solid business proposition and so the chances of borrowing for this business is greater than most.
The surplus based on recent history is in excess of $300,000. The business continues to grow and a price change to the menu recently will add further to the bottom line.
This is a smart choice at $980,000 plus stock.
To find out more, go to linkbusiness.co.nz/EL03171 and press the “Enquire Now” button to complete an online confidentiality agreement.
Nick Giles, 021 676 832, email@example.com
***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.