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Café Bar Restaurant. Sales $3.8m Per Annum! For Sale

Parnell, Auckland
Asking Price:
$2,500,000 (NZD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is an extraordinary business. I have sold it once before and so I know it very well. I'm pleased to report that it is as solid as ever!

Sales are close to $74,000 (inc GST) per week on average. Deeply impressive for Auckland.

Fabulous location and not far from the water. This is not in the City but is located in an affluent suburb and this place draws custom from far and wide.

You could view this business almost as 5 separate businesses all under one roof! It enjoys a good mix of breakfast and brunch business, a strong lunch service, excellent night trade for dinner takeaway coffees and ice-cream and a strong bar trade. It also boasts a simply fantastic private room so I guess we can call that 6 businesses in 1!

The owner is very detailed orientated and so there are excellent systems in place. The staff are well trained and everything is neatly in its place.

The actual restaurant, bar, private room, and takeaway area wrap themselves neatly around a highly efficient kitchen. There is seating for around 150 all told. This place enjoys all day sun and so the outdoor seats are at a premium!Sales of over $3.8m per annum (inc GST)Rent is just 3.5% of sales!Superb fit out with a great choice of different seating areasExtremely well known and as popular as everGreat staff and systems in place

Is there an upside? You bet. Whilst the owner has done a fantastic job here since I sold it to them, there is always room for growth here if you so choose. There are also further cost savings to be made for the savvy operator.

Make no mistake this is a premium hospitality listing.

Asking $2.5m plus stock

Reference: EL01789
Ref: EL01789
Timestamp:

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