Exquisite Café, Bar & Restaurant. $43k Per Week!Listing: #EL02249
About this Business for sale in Auckland SurroundsExquisite 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 2034
- Rent just 7% of current sales
- Heaps of parking
- Beautifully kitted-out
- Indoor / outdoor seating for over 200
- Sales 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 $699,000 plus GST
Reference Number: EL02249
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.
+64 9 379 9226
+64 21 467 878
*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.