PRICE DROP! East Auckland Cafe $1.1m Sales $160k Profit Quality Fit Out

This is really exceptional buying at this reduced price!

This is a cafe that the current owner built to very high standards.
The depreciated asset value is still over $600k!!

The business is in growth mode but already enjoys sales of $20k per week. It is in a high-profile location with heaps of car parking, and it enjoys a solid lease until 2033.

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
• $20k per week in sales
• $160,000 profit to a working owner
• High profile East Auckland 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. 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 now $450,000 plus stock


To learn more watch go to linkbusiness.co.nz/EL04166 and press the “Enquire Now” button to complete an online confidentiality agreement.

Nick Giles, 021 676 832, 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


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Agency reference #: EL04166