Busy Franchised Cafe - West Auckland

Auckland City

$199,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c1hqfj

Likely the most flexible franchise in the country, as the franchisee has no restriction on food or drink sales.

No compulsory purchase of franchised product. The franchisee is able to create their own menu and cabinet food. Also, they can bake their own bread, pastries and desserts.

This franchise brand was established in New Zealand around 9 years ago and the current owners have operated this cafe for more than 3 years, since 2015. The franchisee is required to pay franchise fees of $10,750 + GST per year (not dependent on total yearly sales).

There is huge potential for growth, such as acquiring a liquor license to enhance evening sales. The franchisee has already been approved to apply for a liquor license.

The current owner has spent more than $400,000 in renovations to the cafe. The shop area is about 140m2 with a good size, well equipped kitchen. An individual bathroom is available and the lounge can accommodate more than 40 people.

The weekly coffee bean consumption is around 12-13kg. If this business is of interest, please call Raymond or Angela who will provide more information for your reference once a confidentiality agreement is signed.

Price $199,000 + estimated stock value $5,000 - $6,000.

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