Business Summary
Managed Profits of $120,000 + per annum
On the market for the first time in nearly a decade. Located in a busy shopping area around central Auckland, this fully licensed restaurant is a proven performer with consistent returns year after year. Licensed to seat 100 people with car parking right outside and parking buildings nearby. Open all day, serving up a cafe trade by day and business trade by night on a varied menu of fresh and tasty cuisine that is proudly made in-house. Experience great atmosphere inside with a selection of large tables along with more intimate seating arrangements or make the most of the covered outside dining area which is equipped with both shades for summer and heaters for the cooler months. Solid rental in place through to 2019, currently showing returns to an investor of $120,000+ per annum, the business has been run under management for quite some time which has developed a great team with robust systems in place. All these factors allow for an easy takeover when a new investor or owner/operator steps up to take the reins.
A great opportunity, give James a call today to discuss.
Asking Price$370,000 + Stock
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment
Property Details