Red Shed Palazzo in Karaka is for Sale!
Listing: #EL03841Greg Mullins
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Red Shed Palazzo in Karaka is for Sale!Hard to believe but Red Shed Palazzo, Karaka's best known community focused cafe, function centre, wedding venue and general all round fun place is for sale!
And if you're very quick, you can be in time to catch the very busy Christmas trade!
The owners of over 10 years have finally decided it's time for a change hence their decision to sell
Because it's so busy (post-covid daytime cafe weekly sales alone can exceed $25,000) the owners have advised they are prepared to stay on to help a new owner settle in properly.
It also has plenty of customer parking, has a beautiful garden setting, next to a Sunday market, hosts occasional themed evenings, special events, functions and community related activities.
Whether or not you want to run it simply as a daytime cafe or run it at it's full potential, the choice is yours.
It has plenty of indoor and outdoor seating in a range very inviting settings and has excellent operating systems in place to ensure customer experiences are not compromised.
Furthermore, the asking price is only $285,000 plus stock!
There is so much more that can be said about this extraordinary opportunity but the vendor believes the best way for you to appreciate what's there is to simply go there as a customer, have a wander around the grounds and, if it's still of interest, contact me for more details and perhaps arrange a time to have a proper look through and have a chat with the owners.
***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.
*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.