Island Cafe / Restaurant / Bar
Location New Zealand
Asking Price Range $250K - $500K
Gross Revenues $750000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Current owners happy to crossover with new owners.
Reason for Sale A decade of good times had - time for a change now.
Description If you are here reading this then you must be interested in one or all of the following:
1/ Waiheke Island - New Zealand
2/ Changing your Lifestyle
3/ A Fantastic Business Opportunity
Well you're at the right place ... Time to get excited! What we have here comes along once in a lifetime and is an unique, profitable Business and Lifestyle opportunity. Waiheke Island is a Paradise; no matter where you stand you are never far from a smiling face a beach or stunning views. The citizens of the Peoples Republic of Waiheke are a friendly and proud bunch and realize that living on Waiheke is a privilege that everyone should experience but only us few actually do. Waiheke is far enough away from the city to keep the peaceful rural life feel but also close enough to utilize, enjoy and appreciate Auckland as New Zealand's gateway to the World.
This is an 'Iconic' Waiheke Island Licensed Cafe Bar with Original Owners of 10 years who started it from nothing, building up the premises and reputation over the years to become the Local Waiheke Icon it is now. They feel it is time to hand over the reigns to someone with the energy and passion to take it to the next level. Are you this/these person/people?
Summer of 08-09 has proven to be the biggest ever with turnover in excess of $250k in an 8 week period - even during the current poor financial climate. That said, there is still a lot of room for improvement! Current trading hours are 7 Days a week starting from 8am finishing at 5pm Sunday, Monday, Tuesday, Wednesday with late nights on Thursday, Friday and Saturday until 9.30pm. This allows for the opportunity to extend evening trade with a later license (resource consent allows to 12 Midnight) and/or earlier opening to attract the morning commuter traffic. Run it as it is or take it to the next stage, the world and Waiheke is yours! Contact us if you would like to know more and are serious about this Island Cafe / Restaurant / Bar for sale.
Click Here To Contact Seller
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