Link Business

Best of the Best Cafe, Wellington City

Listing: #WL00317
Profit

Refer to Broker

sales

$1,120,893

industry

Wellington Central

Industry

Cafes


Benny Wang

Broker | Wellington

Benny Wang

benny.wang@linkbusiness.co.nz

+64 4 472 7602

+64 21 158 5110


About this Business for sale in Wellington Central

Best of the Best Cafe, Wellington City

This is an exceptionally well run café with a great vibe and even greater reputation. It has been running very successfully in Wellington City, by the same owner, for over 10 years now.

The key to a successful café business is a good location and this café is on a prominent and famous Wellington street. A very busy and highly visible location, with outstanding service and high quality food, this cafe enjoys huge repeat business from traders and locals. There is a broad and loyal customer base with a good mix of office workers, students, tourists and leisure seekers.

  • Mostly run under management with minimal owner oversight
  • Nice landlord with good lease in place
  • Open seven days and two nights for dinner
  • Awesome team of staff
  • Big coffee sales - 30-40kg per week
  • Sales $1,12m (excl GST) per annum
  • 80 seats inside plus outside seating for sunny days
  • Rent is only around 8% of sales

After 10 years, the owners have another business that now requires 100% of their attention, as well as having to spend more time out of town, so they offer the café for sale somewhat reluctantly.

Make no mistake, inspection will reveal the true potential and quality this business holds.
Call Benny today to take a look for yourself.

Asking $329,000 plus stock (approx $10,000)

 

 

 

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement. 

***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.

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

Benny Wang

Enquire Now

*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.