Listing #:4697913716

Retro Espresso. Auckland Airport. Stunning Opportunity. 110kg Coffee PW!!

Location: Auckland City, Auckland
Once-in-a-lifetime opportunity to secure this historic and impressive business.

I am very pleased to offer the fabulous Retro Espresso operation at Auckland Airport to the market for the very first time.

This is the quintessential ‘grab-and-go coffee’ business that is light on operational complexity and heavy on coffee usage, sales, and profit!

If you have ever been to Auckland Airport you will have seen the 3 retro US-style caravans that sit outside the International Terminal and inside the Domestic Terminal.

Founded in 2005, this is a stellar business that just keeps on performing and it is the envy of many a coffee operator. Over the years, the owner has been approached many times but now is the time has come for him to finally retire.

Sales here are an impressive $37,000 per week and the carts get through over 110kg of coffee a week! They do serve some food but very little and there is a real opportunity for a smart operator to review this side of things.

BUSINESS HIGHLIGHTS
• Unbeatable location
• Airport licences to operate
• 3 beautifully customised caravans
• The brand, IP and website domain name
• Over $37,000 per week in sales
• Over 100kg per week in coffee usage
• Over $260,000 profit for a working owner


OPPORTUNTIES
This is a highly respected operation and brand. The growth opportunities far beyond the Airport’s perimeter are very real. For sale (at additional cost) is a 4th unused caravan – just like the other 3!

There are innumerable sites around NZ where these caravans would be an absolute hit. There are opportunities to serve your own coffee, to increase the availability of light foods and baked goods.

PRICE
This is one of those businesses where a real price premium wouldn’t be out of order but – no. We have been pragmatic, the owner and I, and this is priced superbly well at $699,000 plus stock.

I would NOT hang around with this one if I were you!

Asking $699,000 plus stock


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

Agency reference #: EL04446
Asking price: $699,000
Listed: Tue 7 May, 1:42 pm
Nick Giles
Link Business Broking Ltd
  • Contact details
  •  (09) 5556039
  •  (021) 676832

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Agent's details

Nick Giles
  •  (09) 5556039
  •  (021) 676832
Link Business Broking Ltd
(09) 5799226

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Expires: Tue 2 Jul, 1:42 pm
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