Safran Cafe in Newmarket - Cash Cow Cafe

A Newmarket hospitality staple with a 25 year track record

Address 71 Davis Cresent, Newmarket

Location Nationwide, Auckland - Central

Sales Weekly sales average available on application

Asking Price $599,000 + Stock of $10,000

Listing ID KA1728

Take a stroll down Davis Crescent where the sun is shining and people have gathered in droves to enjoy Auckland hospitality at its finest.
Operating for 12 years under the current owners and 25 years overall, Safran has built a loyal clientele which has solidified this licensed all-day eatery as a Newmarket staple. With the recent reopening of Westfield 277 the whole of Newmarket is buzzing set to receive a significant boost in foot traffic which means fantastic growth potential moving forward.

Business Highlights
- Strong weekly sales average
- 2019 profit of $250,000+ to a working owner
- Long and secure lease through to 2027
- Rock solid rent to turnover ratio of 9%
- Pumping out 30kg of Allpress coffee per week
- Host a plethora of events and parties
- Licensed to serve alcohol until 3am

Businesses like this very rarely hit the market. Want to find out more? Give Sterling Arnet the hospitality specialist a call today on (021)026-85891 to discuss.

Asking Price: $599,000 + Stock of $10,000
Listing ID: KA1728