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DealProspect/Listings/Food & Beverage

Waterfront Cafe, Tairua (Coromandel)

Cafe

ActiveFood & BeverageWaikatoB2C
Asking price
$148,000
Disclosed · NZD
Revenue
$540,000
TTM
Profit
$94,000
Implied multiple
1.6×
asking / earnings
Brief
  • The Old Mill Waterfront Cafe in Tairua, opposite the Tairua Marina with water views
  • Local customers topped up with national and international holidaymakers
  • Inside/outside seating for up to 95, a large private car park and a well-laid-out kitchen
  • Located on a cycle/walk trail with a liquor licence in place; trades on average five days a week
  • One working owner's profits near six figures; affordable rent; stock purchased on top of the price