Stylish Café. Award Winner. $26k Per Week

Auckland City

$499,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c6z30q



This is a super trendy place. A simple set up but just a favourite of locals and visitors alike. Great coffee. Simple but excellent food. A relaxing vibe and great environment.Good lease with rent under 6% of salesGood coffee salesStrong staff contingentSales of $26,000 per weekSurplus around $150,000

Here's the interesting thing. The current owners have done a fine job of getting this place to where it is. However, a smart new owner could control costs better. Both food costs and wages are a touch high and so there is real scope here for someone to reap the rewards of tightening things up.

Using simple Industry benchmarks a surplus of $200,000+ here is entirely possible.

Excellent buying here at $499,000 plus stock

Reference number: EL02364



Nathan Friedlandernathan.friedlander@linkbusiness.co.nz
022 519 0714



Note: Some details of this opportunity are confidential and may be disclosed on completion of a Confidentiality Agreement using 'Enquire Now' then consequent communication with the business broker. Also for reasons of confidentiality, stock images may be used to indicatively represent the business.
Ref: EL02364
Timestamp: 20191017054540

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