Unbelievably RARE opportunity to buy a hospitality business WITH the FREEHOLD as a package!
Fantastic opportunity for an entrepreneur to grab this super rare opportunity to be the Landlord AND the Business Owner at the same time! You may be a hospo person or you may be an investor wanting take advantage of the operation that is already there – staff and all!
THE PROPERTY
This is a relatively new build, and this impressive commercial building houses a mixture of retail and residential. You will own the ‘stratum in freehold’ (unit title) of this 126 sqm unit in an impressive building that houses a mix of residential and commercial / retail tenants.
This is a premium and desirable Auckland location.
THE BUSINESS
This place has exposed brick walls, minimalist lighting, and lush hanging plants and it oozes warmth and charm. It’s a super-inviting place that is open for breakfasts, lunches, and tapas in the evening a few nights a week. It has a full liquor on-licence and there is real scope to increase this part of the business still further.
Sales are a healthy $18,000 a week and this figure is starting to rise again after a challenging trading period in the market. Normal trade is $21k per week and thaere are signs of getting back there. Costs are well controlled.
The business is currently fully managed.
BUSINESS HIGHLIGHTS
- Exceptionally well trained staff
- Beautiful design and fitout
- Situated in an affluent neighbourhood, known for its vibrant dining culture
- On-license
- Abundant avenues for growth (currently closed on Sundays)
THE OPPORTUNITY
You may be a hospitality person who loves the idea of owning their own property! This is a business you can most certainly grow. Remember, it is fully managed at the moment.
You may be an investor looking for a good opportunity. Here, you not only get a sound commercial property investment but the opportunity to own your own hospitality business. You could sell the business. You could employ a Manager to operate it for you and keep the profit.
This is an exceptional opportunity to own your own little empire in one of Auckland's most sought-after neighbourhoods. this has to be top of your enquiry list.
The price includes the property and the going concern business and all assets.
Asking $1.95m plus stock (plus GST if applicable)
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.
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