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DealProspect/Listings/Food & Beverage

Espresso Bar, Whangārei

Cafe

ActiveFood & BeverageNorthlandB2C
Asking price
~$90,000
est. from headline + $1,000 stock · NZD
Revenue
$260,000
TTM
Owner Earnings
$69,000
Implied multiple (assumed)
~1.3×
Assumed · headline + $1,000 stock
Brief
  • Espresso bar positioned at the entrance of the Whangārei District Council building, serving council staff, nearby office workers, contractors and locals
  • More than 450 staff pass by daily, giving consistent foot traffic and a loyal base of repeat customers
  • Seating for 30+ across a 68m2 space, with good visibility in the building lobby
  • Electric cooking only in the kitchen
  • Open five days a week from 8:00am to 1:30pm, about 27.5 hours in total
  • Secure lease through to 2033 with a favourable rental structure
  • Solid foundation for future growth