Moaning Cafe Owners

[Murray]

Did I moan about it...was it anyone fault?..no and probably but you just sit it out and continue on reguardless.
Thats business.

Your moaning now - stop moaning about moaners and sit it out

[Latte]

So they are tight as well?..
Theres a small cafe up this way for sale at the moment..
Its more of a 'pick and go' cafe at Matakana.
There are a few seats outside if you must....

It has a turnover of $13K pw....
I know there a thousands out there that are worse off than the affected Cafe's around the place, and will be for alot longer..long after the gas is restored.
Whats wrong with boiling the jug?

13k p/w, owners would be lucky to draw average wage with that turnover.

[Jantar]

I think it's kinda dumb in this day and age when we have only one supply line going to the "biggest economy" in the country and apparently it's what keeps little old NZ a float. .....

There are two pipelines. There was a time when one was adequate (30 years ago), but as Auckland and the Waikato expanded a second (larger) one was built. It is the larger pipe that is leaking.

I wonder how long it will be before people in Auckland will realise that the geography of New Zealand simply does not support such a large population base in the narrowest part of the country, and requires the majority all energy and water supplies to be transported from a single direction.

[george formby]

Anybody remember the power going out in Auks? Same reason the gas has gone pfffft, lack of investment in modernising & expanding infrastructure. She'll be right mate, have an iced coffee for a change.

Whichever way you look at it we are being shafted, we pay so their are investor dividends & we suffer for a lack of reciprocal investment from the utility companies when it all goes tits up. Then we pay again to fix it.

Cafe owners? From personal experience I know that it is a very tough way to earn a crust, a lot will be hurting.

[Brett]

13k p/w, owners would be lucky to draw average wage with that turnover.

Would be interesting to know what the average profit margin is for the average cafe...I know coffee's have the highest pm.

[Brett]

So they are tight as well?..
Theres a small cafe up this way for sale at the moment..
Its more of a 'pick and go' cafe at Matakana.
There are a few seats outside if you must....

It has a turnover of $13K pw....
I know there a thousands out there that are worse off than the affected Cafe's around the place, and will be for alot longer..long after the gas is restored.
Whats wrong with boiling the jug?

How much are they asking? price will usually be 3-4times EBITDA...if they're serious about selling that is.

[Murray]

Would be interesting to know what the average profit margin is for the average cafe

Maybe even average loss??
Lease, Insurance, power, wages Food COS, crockery/cutlery replacement, R&M, Food Licenses (upto $600 a year), liquor licenses (if licensed), cost of serviettes, wrapping, equipment, utensils, promotion, advertising, Rates?, cleaning materials, printing & Stationery, signage, tills etc
lot of costs for sometimes little return and hard work
Seem to be many opening and closing in short time!

[george formby]

Maybe even average loss??
Lease, Insurance, power, wages Food COS, crockery/cutlery replacement, R&M, Food Licenses (upto $600 a year), liquor licenses (if licensed), cost of serviettes, wrapping, equipment, utensils, promotion, advertising, Rates?, cleaning materials, printing & Stationery, signage, tills etc
lot of costs for sometimes little return and hard work
Seem to be many opening and closing in short time!

You missed a few but good effort.

An NZ statistic from about 4 years ago stated that 95% of new restaurant / cafe start ups go bust in the first year, 95% of whats left go bust within 5 years. Your two biggest anchors are wage cost & food wastage / portion control. Wages cripple you, a bank holiday is time + 1/2 plus a day in lieu. Paid for 8 hours even if the employee only works 2 hours. $14 an hour turns into $35 an hour. Kaching, that's a lot of blt's. If your chef cannot portion control or wastes stock your screwed to, 1 kg snapper @ $27 kg in the bin means you have lost $108..... Kaching.

You used to be able to charge 3 times food cost & make a bit of profit, in the last few years it has to be 4 times or your bust. That is my experience since 2001 when costs really started to bite.

Yup, tough business unless your well financed & very switched on.

[Murray]

You missed a few but good effort.

Yup, tough business unless your well financed & very switched on.

Only a few thats why I put in etc - can add uniforms, name badges, ACC levy's, Kiwisaver, Laundry, vehicle expenses, credit card commission, bank fees, telephone rental, computer costs, accountants costs, staff meals and a biggie Staff Theft etc etc etc

[Winston001]

There are two pipelines. There was a time when one was adequate (30 years ago), but as Auckland and the Waikato expanded a second (larger) one was built. It is the larger pipe that is leaking.

Good man, didn't know that. For all the noise about the leaking pipe, nobody seems to be making your point. At least this explains how gas is still flowing.

As for another pipeline, consumers won't want to pay for it, and apparently there are only 15 more years of gas.

I wonder how long it will be before people in Auckland will realise that the geography of New Zealand simply does not support such a large population base in the narrowest part of the country, and requires the majority all energy and water supplies to be transported from a single direction.

Yep me too but nobody wants to talk about that. Unfortunately there are too many votes in the Auckland region.

[Maha]

How much are they asking? price will usually be 3-4times EBITDA...if they're serious about selling that is.

$260K....

[blue rider]

I wonder how long it will be before people in Auckland will realise that the geography of New Zealand simply does not support such a large population base in the narrowest part of the country, and requires the majority all energy and water supplies to be transported from a single direction.

we have already realised some 10 + years ago, its just that no one believes us. Most of us Aucklanders could do with a population stop. But where would the people go? Wellington? Nelson? Gisborne? .....Invercargill? There are really not many options, and for some reason business settles here so people move because of job opportunities.

The country side is lovely, but no place to earn a decent crust.l

[Usarka]

The cost to run a zip machine is phenonmenomnomnoml

Head on the radio today that Auckland rates are going up (in most places). Hold on, Rodney Hide said amalgamating into a super city would make it cheaper to do council stuff......

[neels]

The cost to run a zip machine is phenonmenomnomnoml

Head on the radio today that Auckland rates are going up (in most places). Hold on, Rodney Hide said amalgamating into a super city would make it cheaper to do council stuff......

Restructuring will make things cheaper for the average person... Just ask Max Bradford....

[nosebleed]

Not 100% sure if the gas division operates like the electric division, but if it does; for all those demanding compensation I see the words "Charter Claim" in your future.

Read the terms and conditions from your gas retailer, and good luck.