Famous Cafe & Bakery with 1.45 milion turnover
Listing: #CS00863Smina He
Broker | Christchurch

About this Business for sale in Christchurch
Famous Cafe & Bakery with 1.45 milion turnoverNestled within a residential hub, our coffee haven sets the benchmark for quality ingredients and service excellence. Boasting an esteemed reputation, we have amassed a loyal customer base and an impressive 4.5/5 rating on Google from nearly 500 reviews! Abundant parking adds convenience to the experience.
Key Details:
- 110sqm café space + 100sqm commercial kitchen for baking
- Annual turnover of over a million in 2022 and 2023 financial reports, showing consistent growth
- 2024 Turnover 1.45 million
- Present weekly turnover of approximately $30,000+ in 6 days open
- Rent comprises just about 4-5% of the turnover
- Weekends witness a frenzy with approximately 250-300 orders processed in just 8 hours of operation Profitability and Potential:
- profit around $300,000/year due to streamlined systems, facilitating potential partial management of the business.
- The current focus of the baking kitchen is solely on café supplies, presenting a substantial opportunity to double revenue through the expansion into wholesale operations.
Ideal Buyer Profile:
- Experience in managing coffee establishments or a background in baking would be advantageous to harness the full potential of this opportunity.
- With a proven track record of exceeding expectations and a thriving business model, this coffee shop presents an exceptional chance for growth.
Smina He, 0276 588 589, smina.he@linkbusiness.co.nz
***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.
#wesellbusinesses #hospitality #bakery #cafe #christchurch
*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.