Long Established Iconic Wellington Cafe
Listing: #WL00120Dave Morgan
Broker | Wellington

About this Business for sale in Wellington Central
Long Established Iconic Wellington CafeThe owners of this outstanding Wellington city cafe and catering business that thrives on regular clientele and an enviable roster of corporate clients have decided to sell after a lengthy career in the industry. This cafe has iconic status with those who know it and their food speaks volumes about the dedication and passion of the owners. Strategically located for casual, regular and corporate customers, this business is never short of patrons to satisfy. Combined seating capacity is 80 for both indoor and outdoor enjoyment. Catering includes regular corporate clients and social events for private clients. Unlike many Wellington cafes and eateries, this business is Monday to Friday and the owners enjoy the weekends to themselves. The owners would continue building their wholesale and prepared meals markets if they were to continue as they have identified significant opportunities in both these areas.
This business ticks all the boxes for a buyer looking for a solid business with growth opportunities.
*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.