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Description

This is a superb café in a high-profile location with heaps of parking. The fit out is of a very high standard and the depreciated asset value is still above the asking price!! The café enjoys sales of $22,400 per week and is growing. There is fantastic outdoor seating area and this is due to be covered this year (by the Landlord) which should significantly add to sales.

This cafe is fully managed. The owner does not work here at all. There is a great team of staff in place and the business runs really efficiently. Food costs run at 31% and wage costs are well controlled.

BUSINESS HIGHLIGHTS

  • $22k per week in sales
  • $160,000+ profit to a working owner
  • High profile location
  • Heaps of parking
  • Long lease
  • Beautifully presented
  • Seating inside and out
  • Currently fully managed

This is selling well below fit out costs and an owner operator should be able to grow business here nicely as the location develops even further. There is REAL opportunity for capital gain here if you get it right!

Cafes are selling fast so don’t miss out on this one. Quite rare to have East Auckland cafes and this one is a great choice.

Asking price $450,000 plus stock

Nick Giles, 021 676 832, mailto:nick.giles@linkbusiness.co.nz

***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.

#buybusiness #hospitality #cafe #auckland #coffee #brunch #managed #profits

Details

Location:
Auckland City, Auckland
District:
Auckland City
Region:
Auckland
Agency reference:
EL04166
Price:
Asking price: $450,000

Café. $22k sales. Daytime only. $160k profit! Real Capital Gain Opportunity

Listed: Wed 8th May, 4:46pm
40 days, 5 hours, 34 minutes

12 others watchlisted

Asking price: $450,000

L
linkb4s Seller located in Auckland City, Auckland
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About the seller

linkb4s

Location
Auckland City
Member since
Tuesday, 3 August 2010
View seller's other listings

Café. $22k sales. Daytime only. $160k profit! Real Capital Gain Opportunity

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