Sold

Iconic Café, Superb Location Cash Surplus $600K

SOLD

This North Shore café has been an institution to the area for over 20 years. It s prime location and friendly customer service has seen the current Vendors successfully profit from the operation for the past 10 years. Experiencing good growth, the business is a solid performer with excellent systems, a great team of employees and very loyal customers. The business has been a cash cow and last year provided a cash surplus profit of over *$600,000 for the Vendor.

The cafe has an experienced, friendly, reliable team of *15 full time and part time staff, working various hours and covering different roles within the kitchen and front of house. The team are very customer-focussed, contributing in no small way to the outstanding success of the café and ensuring the day to day running is smooth and easy to manage.

Open for dining 7 days a week, the café capitalises on its prime location and with plenty of space, can comfortably seat 100 people. The café has a good loyal, local customer base and due to its prime location, also benefits from the large number of tourists who flood the streets visiting the local shops before heading off to the cafe for a bite to eat.

Unlike other hospitality businesses, the café s reputation (and due to the nature of the area) enables the business to benefit from consistent patronage with little threat from new establishments. If you have been looking for the security of a highly successful, easily-run business showing stability and consistent profits, then look no further.

This is a rare opportunity to purchase such a well-known and profitable hospitality business.

ASKING PRICE: $1,650,000 PLUS stock.

For more, visit www.barkerbusiness.co.nz/BBS2515, register your details and submit the online Confidentiality Agreement. Once Alan receives your registration of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

Details

Region Auckland
Price SOLD
Business ID BBS2513
Category Food/Hospitality

Share This Business