Listing #:4909930622

Eatery With Freehold Property! Business + Freehold

Location: Auckland City, Auckland
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 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

Agency reference #: EL04611
Asking price: $1,950,000
Listed: Tue 10 Sep, 4:46 pm
Nick Giles
Link Business Broking Ltd
  • Contact details
  •  (09) 5556039
  •  (021) 676832

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Agent's details

Nick Giles
  •  (09) 5556039
  •  (021) 676832
Link Business Broking Ltd
(09) 5799226

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Expires: Tue 5 Nov, 4:46 pm
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