Link Business
*** SOLD ***

Café Restaurant $40k pw even after Lock Down! $250k to Working Owner.

Listing: #EL02249

Nick Giles

Broker | Auckland - Ellerslie

Nick Giles

nick.giles@linkbusiness.co.nz

+64 9 579 9226

+64 21 676 832

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Auckland Surrounds

Café Restaurant $40k pw even after Lock Down! $250k to Working Owner.


This place just bounced right back in to action and does over $40k week in and week out!

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

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 2034
  • Heaps of parking
  • Beautifully kitted-out
  • Indoor / outdoor seating for over 200
  • Sales are averaging $40k (gst incl) per week and there is still room for growth
  • $250,000 surplus here and growth is hugely possible

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 $699,000 plus GST

 

Nick Giles,  021 676 832, nick.giles@linkbusiness.co.nz
 

***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.

#wesellbusinesses #auckland #cafe #restaurant

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 579 9226
+64 21 676 832

Nick Giles

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.