5 Day City Fringe Cafe

Auckland City

$365,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c11n3x

This fully managed 5 day cafe is located in the foyer of one of the finest corporate buildings in New Zealand with one of the lowest rents we have seen!

The business has weekly sales of up to $16,000 per week operating only 5 days with all holidays off and is situated in one of the most sought after buildings in the country.

There is a massive kitchen with walk in chiller and plenty of room to cater for very large, licensed functions within the building and a direct loading bay to out cater to the surrounding city, Parnell and surrounding suburbs if a new owner so wished.

A brand new 10 year lease starting at $42,000 per annum + GST will be provided to new operators of this stunning cafe.

Pristine sets of accounts show $160,000 to a working owner and an estimated $110,000 under full management.

Very little competition with a captive customer base and ongoing in house catering makes this a very steady cash flow investment.

The cafe space is earmarked for a $1M refit later this year expanding the number of customers available to this business.

If you are an experienced cafe operator looking for a one of a kind opportunity to secure one of the finest corporate cafes in New Zealand, give me a call today!


Price $365,000

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