OWN A STUNNING CAFE AND BAR AT A BARGAIN PRICE

Description

A fantastic opportunity to own a café and bar with loads of untapped potential at an unbeatable price!
Located in a prime suburb of Auckland with main road frontage, this café and bar offers an exciting opportunity for the right owner to unlock its full potential. With a fantastic location, a large range of chattels and a full café / bar setup, this is your chance to bring fresh energy to a business with lots of room to grow!
Turnkey - a fully set up cafe and bar across two levels, approximately 276 m² of total floor area (cafe being approximately 70m² on the ground floor and street facing, bar on the basement level with a similar square meterage, separate entrance from backstreet).
Extensive chattels - a comprehensive range of kitchen equipment, furniture, and fitout chattel list available upon request.
Liquor and food licence - freshly renewed liquor and food licence expiring October - November 2025.
Prime location - situated in a busy, central suburb with great foot traffic and a loyal local customer base, offering significant growth potential.
Priced to sell - the business was bought in February 2017 for $884k including chattels at $403k and goodwill of $481k .Now the owners are willing to sell at $160k + GST if any to the right purchaser. Due to their personal circumstances, they are looking to achieve a fast sale with this incredible price.
Lease term - very flexible. The landlord is keen to renegotiate a long-term lease with the right tenant.
KEY FEATURES:

• Flexibility to extend lease
• Current rental - $83,000 + GST p.a.
• OPEX - approximately $16,941 + GST p.a.

This is a perfect opportunity for someone reasonably experienced to take over a café and bar only for the price of chattels.
Contact the sole agent today. 
For further details or viewings, please contact the listing agent Ruby Duan at r.duan@barfoot.co.nz or on 021 024 68787.