Karaka Wedding Venue & Restaurant

Franklin

$274,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c67zht

Seating 120, this is a fantastic opportunity to get your hands on one of the premier wedding venues and restaurants in Auckland.

Located in the popular and growing Karaka. You will drive into the massive car park and get a real country feel. This is accentuated by the large lawn area with beautiful water views and rural setting that is perfect for weddings. Infact, the vendor has advised that last summer they did over 30 weddings and with plenty of bookings for the coming summer a new owner can really hit the ground running.

You will keep running as well because onsite there is a 5 day restaurant and cafe that has a fully equipped kitchen with a walk in chiller. The vendor has advised that weekly sales from the restaurant top $10,000 per week. There can be considerable upside with this restaurant to add value with a growing local population.

• Rent only $1,300 per week including GST
• Over 30 weddings last summer
• Forward bookings for weddings next summer
• Restaurant pumping $10,000 per week in sales (advised by vendor)
• Majestic location with potential to grow and add value

Asking price is $274,000 + stock (approximately $6,000).

Contact Jeremy on 021 08852957 for more information

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