SOLD: Whangamata Cafe. Fully Managed & Cheap Rent

SOLD by Mike Ponsonby

This Iconic Café has it all.. Cheap rent, great staff, and massive coffee sales!!
On offer is a strong cash surplus for a working owner, or continue trading under management and enjoy the easy income / profit stream.
Along with a long-term lease to suit the incoming owner and a current rent-to-turnover ratio of 4%, the lease also includes modern accommodation for the owner to occupy or rent out.
An incoming owner will enjoy the benefits of closing over winter for four or more weeks. The existing owners have enjoyed the luxury of chasing the sun in the winter months to recharge the batteries for many years now. An experienced operator should take this strong performer and turn it into a cash cow, it’s as simple as extending the existing hours.

Business Highlights
- Great Head Chef & Manager
- Cheap rent at just 4% of turnover
- Accomodation upstairs for an owner or rent it out
- Great chattels including walk-in chiller
- Featured in Lonely Planet / Awarded Trip Advisor Certificate of Excellence
- Licensed with no Solus Agreement

Call Mike Ponsonby today on (021)450-049 to learn more about this business that offers the best in income & lifestyle.

Asking Price: $299,000 + Stock
Listing ID: KA1779