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Popular, Profitable Cafe - Nth Island Beach Location

$625,000

$300,000 annual profit.

A rare jewel is the best way to describe this large, well patronised waterfront cafe in one of the North Islands most popular coastal locations.

The consistently high profit achieved in this business in recent years demonstrates its resilience and sustainability in these Covid-affected times. One of the reasons for this is the very strong population growth evidenced by large commercial developments and a booming housing market bringing retirees and lifestyle seekers alike to this area. This has resulted in a very well established local patronage for this business which has benefitted from a high profile location and a friendly approach to customer service.

Another reason for the growth in profitability in this business has been the effort put in by the owners - a working couple who know the value of personal service and treating your customers well. This has been a winning formula in this community, which is big enough to remain resilient to seasonal trends and able to provide the necessary access to flexible labour that is important in any hospitality business.

The profitability of the business means a managed arrangement still provides good returns for the owner, but to extract the best possible financial and lifestyle rewards, a working couple would be ideal to continue the success of this iconic kiwi business.

Asking Price: $625,000.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3232, register your details and submit the online Confidentiality Agreement. Once Michelle receives your expression of interest she will be in touch.

*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.

Details

Region Waikato
Price $625,000
Business ID 3232
Category Food/Hospitality, Food/Hospitality

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