Relaxing Palmerston North Cafe & Bar

City Centre, Palmerston North

By Negotiation

Proposed Usage
Other Businesses for Sale
Property ID

Halcyon is a cool, licensed cafe and brew bar located in the heart of Cuba Street in Palmerston North. Set up for social gatherings and relaxation with comfortable sofas and board games, live music adds to the good vibes. Customers enjoy quality fairtrade coffee or one of NZs finest craft beers from Garage Project, North End or Fortune Favours.

The business is two years old and is equipped with a fully compliant, commercial kitchen. Currently offering mostly baked goods, there is huge scope to crank up the meal offering and take full advantage of the space. Only trading Monday-Friday at present, this presents a great opportunity to move seamlessly into weekend trading. The liquor license already covers weekend trading.

The current lease has right of renewal until June 2022 and the rent is affordable. The business is one of a handful of live music venues in Palmerston North, a great competitive advantage as Halcyon is becoming an evening haven for the local arts and music scene. Halcyon is currently being featured in the Air NZ Kia Ora magazine which has helped grow its customer base.

The current owners have genuine reasons for selling so Halcyon offers an excellent opportunity for someone to take over a growing business at a fantastic price.

The vendor has expressed some urgency around the sale of the business and is prepared to consider all reasonable offers presented. .

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