The Perfect Daytime Cafe. $31k and $241k Profit!

This is a centrally located daytime cafe that is fully managed! It does all the normal things a cafe would do, and it does them well!
There is plenty of parking around and a very strong catchment area. The nearest cafes are far enough away in either direction that this one just ‘works’!

Costs are really well controlled with food costs just under 30% and managed wages at 35%. Rent is high here, but you can’t have everything, right? This is a strong location in a prime spot, so the high rent is just how it is.

There is a surplus for a working owner here of $241,000. As a managed profit there is around $180k and that represents a 28% Return on Investment at full asking price. Not at all bad!

BUSINESS HIGHLIGHTS
• Great location
• $31k in average weekly sales
• Fully managed
• Simple daytime operation
• Well-controlled variable costs
• Surplus to a working owner $241,000
• Managed profit of $180,000 (or 28% ROI)

This is one of the good one, folks. We have priced this extremely competitively for the market at 2.6x the surplus. Who knows, perhaps a little bit of negotiation will get you a fantastic deal?!

Asking $639,000 plus stock

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.

#wesellbusinesses #buyajob #hospitality #cafe #auckland

Agency reference #: EL04524