Listing #:1660670531

Award Winning Cafe

Sick of being stuck in traffic every day?
Location: Franklin, Auckland
Very well established multi award winning cafe located in a new medical centre that enjoys the kind of patronage most city cafes would envy.

Rent & Opex only 7% of sales, Been trading for 7 years and now ready to move to the next level.
Excellent bookkeeping & management systems in place allowing for forecasting costs and owners wages, owners wages vary from 40 hours to a capped 70 hours per week each @ $20 per hour, additional income is reinvested back into the business and all 6 accounts running in surplus.

This is a tough sell for me as i have poured my heart and soul to make this cafe ranked in the top 5 cafes in the country, currently holding ICG Classic Kiwi Cafe of the year 2018 and The Peoples Choice Cafe for Auckland 2018, previous awards are Peoples Choice Cafe for New Zealand 2016 and also regional winner for Auckland 2016.

I would very much like to see a chef couple to take over as i am not a chef but the cafe would definitely benefit and take the business to the "next level" if one did.

My commute to work is only 3 minutes, Beach 5 minutes, river 10 minutes and 20 min to my favourite fishing spot. this town is perfect for raising children with its strong sense of community and the cafe plays a part in supporting that spirit with fundraising.

7 day per week operation from 7am till 4pm week days and 8am till 2pm weekends and public holidays, closing for 2 weeks over the xmas new year period allowing staff to be with their families.

the business has steady year on year growth with turnover now topping $16k from its beginnings 7 years ago at $4k
Current gp @ 27% and salaries 36%, purchases at 38% of sales.

I would entertain the possibility of franchising the brand with the right partner as i believe this model can be replicated.

Financials available to those prepared to sign a non disclosure form.

Come in and see me at work to talk or send me an email, you wont be dissapointed. Opportunities like this dont come up very often!
Asking price: $400,000
Listed: Sat 9 Jun, 6:26 pm
Seller'sdetails
..nick (1 1 positive feedback)
Member since Mar 2011

Advertisement

Seller's details

..nick (1 1 positive feedback)
  • 100% positive feedback
  • Member since Mar 2011

Email the seller

Log in or register to email the seller.
Expires: Sun 9 Sep, 7:01 pm
Page Views
1182