A REAL GEM CAFE FOR SALE

This cafe is well known to be one of the busiest cafes on the North Shore, offering a prime business opportunity. This thriving business, successfully operated by the current owners for nearly six years, is now for sale due to their other commitments. 

The cafe has an impressive 2024 financial report with a sales revenue of $1,100,000 (inclusive of GST) and a current weekly turnover recorded between $22,000 to $23,000. 

Situated in a prominent location with consistent customer flow, it operates seven days a week from 6:30am to 3:00pm Monday to Friday, and until 3:30pm on weekends. 

Renowned for its top-quality barista coffee, the cafe averages a consumption of 30kg of coffee beans per week. With spacious seating for nearly 80 patrons, both indoors and outdoors, it accommodates many daily regular customers as well as group customers. The lease terms are favourable until 2031, with rent constituting less than 10% of sales revenue and low rent contributes to the owner's higher income. The rent review is capped at 5% every two years.

The cafe's strong financial performance includes total annual earnings of approximately $250,000, encompassing company surplus, owner wages, and personal expenses. 

The asking price is $600,000 + GST (if applicable) and the vendor is willing to negotiate the price depending on the offer conditions.

Potential buyers are required to sign a Confidentiality Agreement form prior to receiving the business information and inspections are by appointment only. 

Please contact Chris Park of Barfoot & Thompson North Shore Commercial by emailing c.park@barfoot.co.nz ­or text 021 2733 400 for a viewing or more information.

Agency reference #: 4039407