Main Road Bar & Cafe - South Taranaki Region

South Taranaki

$129,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1btjz5h



Located in the CBD of a small town of South Taranaki, this popular Dine-in Cafe and Bar sits on a main road exposed to ample local Foot-Traffic and Holiday-goers heading to the water-front.

The cafe is well known amongst the locals for its vast variety of European continental food which caters from appetizers to desserts.

The bistro is currently owner-managed with 2 chefs, 2 waiting staff and a dishwasher. The owner has decided to move overseas and the business must go! - The business can easily be converted into a staff-managed operation. Currently Turning Over $9,200 Per weekA very low rent of $607 Including GST & OPEX for the spacious 120 square meter premises. Very secure lease in place until2024 with extendable terms.Operating hours - 11:00 AM to 2:00 PM (LUNCH) and 5:00 PM to 9:00 PM (DINNER) all 7 days.

A perfect business for an individual without hospitality experience looking for an entry level opportunity.

Asking Price: $129,000 + Stock At Valuation (~$5,000)

So if you feel this is for you, contact the A-team:

Anil Vazirani - DDI: (09) 525 2-6-4-5 (525 A-N-I-L) or MOB: 021 0277 8149

(OR)

Ron Vazirani - DDI: (09) 555 6036 or MOB: 021 294 2978

Note: For more detailed information, including financial statements, lease documents, GST returns etc. please refer back to the broker.

Reference: EL00738
Ref: EL00738
Timestamp: 20170624054509

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