Exquisite Café, Bar & Restaurant. $43k Per ...

Auckland City

$799,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c6dqfp

Exquisite Café, Bar & Restaurant. $43k Per Week!



This is a large and beautifully presented hospitality business. The fit out is of high quality and it even boasts a wood fired pizza oven!

Spread over 400m2, there are various seating areas including a great outdoor space and fantastic private dining area.

The business is growing nicely and, even during winter, it is cracking $43,000 per week (including GST). Impressive stuff! It has a strong local following and is becoming a bit of a destination in its own right.

It does not rely on one type of business and is family friendly. It is open for breakfast, lunch and dinner and boasts a welcoming bar area.Great Auckland suburb location. An area of huge population growth.Super strong lease to 2034Rent just 7% of current salesHeaps of parkingBeautifully kitted-outIndoor / outdoor seating for over 200Sales are a deeply impressive $43k per week and there is still room in the tank for growth

With secure tenure until 2034, great parking and absolutely no refurbishment worries this is smart buying for a dynamic hospitality person. This is a full-on hospitality business with a variety of different strands to it, which means excellent sales at any time of day.

The great thing is that there is a genuine upside here to the new owner. It hasn't even hit its stride!

The owner has a genuine opportunity away from the Industry to follow, and so this is just superbly priced so don't miss it!

Asking $799,000 plus GST

Reference Number: EL02249

Nick Giles
021 676 832

Note: Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.


Ref: EL02249
Timestamp: 20191215054546

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