Whakatane / Bay of Plenty

Whakatane - $259,000

Web Ref #35539
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Particulars

Address:
Whakatane
Price:
$259,000
Listing ID:
35539
Category:
Restaurant

Profitable Cafe - High Gross Profit

Are you searching for a successful cafe with a long-standing reputation for quality and service? This established business has been a thriving cafe for over 20 yrs. Currently operated by a part-time owner working just 15 hrs p/wk, the experienced team ensures seamless operations, allowing the owner to enjoy the vibrant Whakatāne lifestyle.

Highlights of the Business:
• Profitable Operation: Consistently high gross profit margins of 75%-77% and low rent, accounting for just 4% of sales.
• Highly Trafficked Location: Situated in a vibrant, high-visibility area with year-round foot traffic. Minimal marketing is needed thanks to its convenient location.
• Multiple Revenue Streams: More than your typical cafe - while flat whites and sweet treats are of course on the menu - other complimentary products on offer give the café a real point of difference.
• Inviting Atmosphere: With 78 seats (36 inside & 42 out), the cafe provides a warm, welcoming environment for all patrons.
• Efficient Team: Supported by a capable, experienced staff, including a second-in-charge who ensures smooth operations in the owner's absence.
• Opportunities for Growth: A full time working owner could reduce wage costs to further boost profitability and consider a refresh that honors the business's history while giving the space a new, modern feel.

This cafe is ready for a new owner to take the reins as the current owner steps back for retirement, travel, and family time. With a successful history spanning over 20 years, this business is a secure choice for someone seeking a well-located, reliable cafe to put their stamp on. Whether you're passionate about coffee, hospitality, or both, this cafe is an opportunity you won't want to miss.

Price $259,000 (incl. stock and assets)

For more information, please complete the confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=35539

Gina will then be in touch to discuss the business with you further. Gina Stevens - 021 338 062.
Click here to complete a Confidentiality Agreement

Particulars

Address:
Whakatane
Price:
$259,000
Listing ID:
35539
Category:
Restaurant
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