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Stunning, Profitable and Unique Devonport Restaurant for sale

Wednesday 6 July 2011, 1:37PM

By Tourism Properties

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AUCKLAND

I present to you an ideal opportunity to purchase this near new, busy, and extremely well managed restaurant in a sought after North Shore location.

http://www.tourismproperties.co.nz/restaurants_for_sale/auckland/1340

The vendors welcome genuine offers in the region of $450,000 plus GST (if any) plus SAV for this beautiful, contemporary Devonport restaurant.


•This restaurant has recently been transformed into Devonport's premier dining experience - with incredible style and an extremely high class fit out - this is without doubt one of the best restaurants in the area.

•This beautiful restaurant and bar has square meterage in excess of 50m for inside dining and a large sunny, sheltered courtyard, with Mediterranean plants and trees, seating over 60 diners.

•The vendors are highly experienced hospitality operators with further restaurant interests in New Zealand. Professionally managed and with a highly competent team in place the business enjoys a weekly average turnover of $17,000. Sales in summer peaked to $29,000 - demonstrating the potential this restaurant has to grow and develop further.

•The lease on offer is excellent. 4 years from 2010 plus 4+4 further years on offer until 2022. The rent is $38,724 plus GST and remarkable for it's location with a highly supportive landlord.

•Fully licensed until midnight - this location offers the most beautiful, sun drenched courtyard with an outdoor fire, heaters, soft blanket throws, easy chairs and outdoor music - this layout and ambience provides multiple income stream opportunities for the incoming purchaser.


•This business enjoys a very loyal clientele with substantial patronage always increasing due to the various food and wine evenings the committed vendors host.

•A fully equipped and well laid out commercial kitchen is included. No expense has been spared in the fit out and the decor and chattels are testament to that.

•A turnkey operation - this could be perfect for an investor who wants to walk in and start trading immediately with a highly trained team of chefs and waiting staff in place - all options can be discussed.

Kate Grooby is the Hospitality Business Broker acting on behalf of the vendor for this business, so call me today to discuss this exciting and unique opportunity.

Kate Grooby
Hospitality Broker, Auckland North and West.
M: +64 21 261 1442
O: +64 9 446 3490
F: +64 9 446 3495
E: kate@tourismproperties.com
PO Box 32519
Devonport