Retro Espresso. AKL APT. $295k Profit.

If you like simple operations and HEAPS of coffee, then this one is for you!

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 probably have had a coffee from Retro Espresso. One of the very cool Retro caravans is inside the Domestic Termainal and there are 2 right outside the main doors of the International Terminal.

Founded in 2005, this is a stellar business that just keeps on performing and it is the envy of many a coffee operator.

BUSINESS IN MORE DETAIL
Sales here are an impressive $37,000 per week and the carts get through over 110kg of coffee (and up to 150kg) 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.

The business is fully managed with a roster of baristas manning the caravans (1 per caravan at any one time). If you kept this format, the managed profit (EBITDA) would be circa $230,000.

BUSINESS HIGHLIGHTS
• Unbeatable location
• The brand, IP and website domain name
• Over $37,000 per week in sales
• Over 100kg per week in coffee usage – that’s over 6,000 cups a week!
• Over $295,000 profit for a working owner


WHO WILL THIS SUIT?
Really anyone with an eye for a simple business model with superb cash flow. In return you MUST be a solid operator with good experience of owning or running hospitality businesses.

The branding opportunities here are absolutely immense! Perhaps you have a coffee brand. Think of the thousands upon thousands of eyes you will have on your brand!

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.
Asking $699,000 plus stock



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

Agency reference #: EL04446