Busy Franchised Cafe - Impeccable Location
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Located at the hub of transportation in Auckland CBD. Adjacent to Britomart Railway Terminal, bus terminal, ferry pier and the City Rail Link (under development). During the morning and after work rush, there is a large volume of people passing by this cafe, with extremely high exposure.
The construction of the Downtown Shopping Centre is in progress and is to be completed by the end of 2019, bringing a substantial increase of office people into what is already the busiest area of Auckland.
Moreover, there is another source of customers (tourists) visiting in the summer. Due to the many cruises docking in Auckland every year, the tourists are also a good source of income for this cafe.
This franchised cafe was established in 2016 and has a long secure lease until 2028. The shop area is around 50m2 (half kitchen and half front counter), there are two seats inside and 18 seats outside. The main business is takeaway as most customers are passing, calling in to get coffee and snacks on the go. Simple and easy operation.
This is one of the most flexible franchised brands in Auckland. An owner can bake their own products and cook different styles of breakfast on site. No menu restriction. Furthermore, it could be run under full management.
The coffee bean consumption is around 25kgs per week, milk 35 bottles a day, and bread around 20 loaves per day. All of these figures support the weekly turnover which is currently $20,000 in winter and $22,000 in summer respectively.
The vendor says that the head office will allow the new buyer to de-franchise this business so the new buyer has the right to change the business name.
If this sounds like you, please feel free to call Raymond for a confidential chat.
Price $280,000 + estimated stock value $5,000
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