Add to Watchlist
Please register your interest on this listing, on the 'Documents Tab' tab.

Property Ref: 59135

Well Established, Chill Out, Licensed Café in Waikato for Sale

Property Type: Cafes

Sale Type: Leasehold Interest (Business)

Region: Waikato

Physical Address: Waikato District

Price: PRICE ON APPLICATION

Broker: Kamal Sharma

Mobile: +64 22 0515 782

Email: kamal@tourismproperties.com

Well-loved local café hits the Market!

If you like the feel of the relaxed city within this Waikato district for Lifestyle living, superb business with consistent performance then please read on.

It’s an awesome local cafe established in 2006 with a very unique presentation and a hospitable presentation. It is located in a bustling city-fringe location with a really relaxed atmosphere, a huge reputation, and a really loyal client base.

Cafe also patronizes the nearby artist for live performances once in a while.
Does some exclusive wholesale of loose leaf teas, Coffees beans, Jams, and related delicatessen products and also some unique art effects.

CURRENT PERFORMANCE

Sales are just approximately $15,000 per week incl GST.

Average sales per annum for year-end 2020 and 2021 are well over approximately $ 650,000.

2022 sales figures will be available soon.

OPPORTUNITIES

This is a fantastic set-up cafe business with beautiful sunny outdoor seating.

It also has a little play area for the kids.

This place does extremely good turnover. Sales are nicely strong and Food costs are monitored well. The current owners are very generous people and so wages are running higher than average here. A new owner-operator would bring these down and add significantly to the bottom line. This is where your opportunity lies!

WHOM  WILL IT SUIT BEST?

You are probably someone that loves the local community feels like a  typical NZ-style relaxed café and loves the thought of building strong relationships with your loyal customers.

Especially if one partner has some exposure to the Kitchen prep, this could be a great combo, There is a great team of staff in place. The owners are able to pull back from this place and it has run under management for some of its existence so this is also a possibility.

You need to just continue the tradition as all hard work has been done.

LEASE INFORMATION

The current lease expires on 31st January 2034.

Current Rent $ 40,384.50 plus GST per annum

Next Rent Review- 1st February 2024.

KEY ATTRIBUTES

  • Almost Fully managed
  • Approximate $15,000 per week in sales
  • On License
  • Indoor and Outdoor Seating
  • Daytime only. No nights. 6 trading days
  • 15 kgs of coffee purchase per week
  • Really strong staff contingent
  • Repeat Clientele
  • All hard work done
  • Ample parking
  • Most of the staff willing to stay
  • Good Lease in place
  • Loyalty Programme-750 members approximately

CURRENT TRADING HOURS

  • Tuesday to Friday-8 am to 2.30 pm
  • Saturday and Sunday 9 am to 2.30 pm
  • Mondays-closed

This really presents a good buying opportunity.

The current vendor had it for over 3 years and due to current expansion in different business verticals would like to sell.

The working couple could possibly make close to $ 150,000 per annum.

The current wages for staff are approximately $ 250,000 as this is almost fully managed.

This is where it adds lots of value for a working couple with one partner handling the Kitchen in principle.

All viewing is strictly by prior appointment only.

For more details or to arrange a viewing, please contact expert hospitality Business Broker, Kamal Sharma,  on 022 0515 782 or email kamal@tourismproperties.com.


 

Confidential Documents

Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.

Become a Registered User:

To gain access and download full confidential individual files on businesses for sale on this website, you must first be a registered user, and have ticked the box that you agree to the strict terms and conditions of the confidentiality agreement, provided by TourismProperties.com.
This is a simple two-minute process, which you can complete by selecting ‘Register’ at the top right hand of your device now.

If you are already registered with us:

You can request full access to this listing’s confidential files by:

  1. Logging in with your existing user name (your email used to register) and your password, then by
  2. Locating the listing you are interested in viewing Listing Files, then
  3. Navigating to the ‘Documents‘ tab, of the listing you are interested in, and
  4. Selecting ‘Request Access‘ to the confidential information here within.

We will quickly respond confirming your approval.
When you are emailed your ‘access approval’ notification, you need to be logged in to our website, in order to view and/or download the confidential files, which are located in your ‘Document Library‘.
If you are already logged in now:
Simply register your interest here, by navigating to the ‘Documents‘ tab, and selecting ‘Request Access‘ to the confidential information here within, and Adrian will come back to you by email with your access notification.

 

59135: Financials

59135: Lease

59135: Lease Variation & Renewal

59135: On-Licence

59135: Current Menu

Property Details

Property Type

Cafes

Sale Type

Leasehold Interest (Business)

Region

Waikato

Physical Address

Waikato District

Price

PRICE ON APPLICATION

Contact Agents

blank

Kamal Sharma

Tourism, Hospitality & Leisure Business Broker
Whole of the North Island
International: +64 22 0515 782
NZ Mobile: 022 0515 782

Email: kamal@tourismproperties.com

VIEW OTHER LISTINGS

Sign up for tourism real estate news