$380k Profit | 4-Day Work Week | Award-Winning Cafe/Restaurant | Rent Only 1.4% Of Sales - (Cml 11520) For Sale

Description

Business type: café and restaurant

Location: Tasman region, New Zealand

Asking price: $995,000 plus stock

Operating history: nine years

Financial performance

Annual revenue: approximately $1.7 million

Annual profit: approximately $380,000

Weekly profit: approximately $7,300

Trading

Trading days: four per week

Rent

Rent ratio: approximately 1.4% of turnover

Operations

Management team: experienced

Staff team: established

Production systems: streamlined

Automation: partly implemented

Customers

Customer base: established

Brand recognition: national

Google rating: 4.7 stars

Google reviews: more than 1,700

Growth

• Add more trading days
• Increase current sales
• Expand the existing brand
• Increase production capacity

Handover

Full handover: included

Training: included

Buyer profile

Buyer type: owner-operator, hospitality group or investor