Popular Whangamata Cafe For Sale
Listing: #BPW00160Rick Johnson
Broker | Waikato

About this Business for sale in Thames-Coromandel
Popular Whangamata Cafe For Sale
Blackies cafe has forged an exceptionally strong reputation for its service and quality.
With its unique location in Williamson Park and behind the surf club it is a hotspot for large events, family outings and beach goers.
It has a strong local following, and is highly rated on Facebook and trip advisor reviews. It benefits from no nearby competition and offers plenty of free parking.
Operating for approx.8-9 months of the year the profitability is very good and scope exists to extend the operation to all-year round.
This cafe is well setup, has experienced staff and full training can be provided to the new purchaser. The building has recently been refurbished and is underway for the summer season. The lease in place has a solid term of exceptional value.
Revenue has had year on year growth of 40%+ for the previous two financial years, with a realistic forecast of continued growth. Profits are indicative of business being managed.
This is an exceptional opportunity to own and operate a well performing cafe with a strong brand and the only cafe within 50m of the beach at Whangamata. Don't delay this opportunity will not last long.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.