Well-Presented Cafe, Whakatane
Cafe
ActiveFood & BeverageBay of PlentyB2C
Asking price
$240,000
Disclosed · NZD
Revenue
$770,000
TTM
Profit
$90,000
Implied multiple
2.7×
asking / earnings
Brief
- Well-presented cafe in Whakatane under current ownership for six years, recently price-reduced
- Superb big corner location adjacent to several large government departments, whose staff and clients are regulars
- Known for top-quality food, both in cabinets and cooked to order; fully liquor licensed
- Extensive good-quality equipment including a walk-in chiller; reliable, recommended staff happy to stay on
- Big premises with a good lease and reasonable rent; a lifestyle opportunity in a lovely town
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