Link Business

Cafe Pioneer up for sale

$400,000Wellington CentralListing: #WL00107


Wellington Central  


$400,000


Food/Hospitality
Refer to Broker


About this business for sale

Cafe Pioneer up for sale

A Wellington Cafe is for sale 5 years after it set the benchmark for all day breakfast in the capital.

Serves everything from bacon & eggs, through to crispy waffles, luscious lowa pancakes, french toast, bagels, and their popular homemade hash browns,

Put simply, this business ticks all the boxes:

• Brand new set up by current owner 5 years ago, extensive and professional fit out..
• Prime location surrounded by office retail shops and hotel
• Well known and leading brand with all day breakfast café

• Immaculate presentation, great ambience – 245 sqm premises with approximate seating of 100

•  Fully equipped & easy to operate kitchen / preparation area 

• Under management, organized staffing structure, processes, procedures & systems are all in place.

• Very popular, many regulars and return customers. 
• Currently operating 7 days, closing at 2:00 pm. Potential to increase sales by extending opening hours .
• Awesome staff, who are all more than happy to stay on. A strong and solid team has been built here as the staff are all long term, and this is why they all work like a well oiled machine. 
• Good lease with acceptable rent for the location
•. Revenue significantly keeps growing and increasing yearly, turnover is $1,018,872 for the year ending 2017

Contact me now to plunder this opportunity.

Wellington
benny.wang@linkbusiness.co.nz
+64 4 472 7602
+64 21 158 5110

Benny Wang

*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.