Franchise Cafe, Bar, Restaurant. $50k PW and ...

Auckland City

$1,200,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c5ymn2

Franchise Cafe, Bar, Restaurant. $50k PW and Gorgeous!



This restaurant / cafe / bar has been successfully run by the Group itself for the past 2½ years and all systems and controls are nicely bedded down.

It is truly a spectacular set-up with a very high-end fit out. The tangible asset value is still around $800,000!

Sales are an impressive $50,000 a week on average (inc GST) and a working owner should earn around $400,000 after all costs on current trading.

The restaurant receives fabulous reviews and is well loved by locals and visitors to the area alike.Sales $2.2m (ex GST) to 31 December 2018Rent 6.99% of salesStrong lease in placeBeautiful fit out and stunning locationAll systems provenFull training and support

This is an exceptional opportunity for someone to own a premium Hospitality business knowing that there is the safety net of an experienced Hospitality Group behind you. The Group brings with it a wealth of experience, exceptional buying power, a very active marketing system (included in

Franchise Fee, which is rare). In fact there are no other costs to pay other than purchase price and ongoing 5% royalty fee. No training fees or hidden charges.

Quite a part from the support, this is a business that anyone would be exceptionally proud to own. Visually impressive, this feels every cent of its asking price

And it should continue to provide an excellent lifestyle for a new owner for years to come.

I think this one will be in strong demand so call me for a chat.

Asking $1.2m plus stock

Reference: EL01932
Ref: EL01932
Timestamp: 20190717064546

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