Ad ID: 72020 Inactive

Cafe Bakery and Commercial Kitchen for Sale Newmarket Auckland

Newmarket Cafe / Retail with Large Commercial Kitchen / Bakery

+ Stock of $3,000

Business for Sale Description

Cafe Bakery and Commercial Kitchen for Sale Newmarket Auckland

This is your opportunity to invest into a fully operating bakery, which can be used as a catering or commercial kitchen, with an adjoining retail business that operates as a successful and well known cafe. The commercial kitchen is viewed in full height windows from the cafe area. 

The business would suit an operator in need of a retail of cafe component, a central city location and 300m2 of commercial kitchen, catering or bakery space - this is a unique opportunity that will sell fast with the asking price set at well below asset value. 

The $500,000 of plant, equipment and fit-out is of high standard with quality plant and equipment, including walking in chillers and freezer, stainless steel cook line and large extraction hood, large deck ovens, walking provers. 

It's is all here to take your dream to the next level - all assets are included as part of the sale however the current business name will be removed, leaving you the opportunity to put your personal touch to this 5 Star location. 

Business Highlights 

- 2018 Weekly sales average of $35,000+ (GST Incl) 

- Annual rental of $120,000 + OPEX (GST Excl) or $340 per m2 

- Stunning 353m2 site with a secure lease through till 2027 

- $500,000+ spent on fit-out with high quality chattels 

- Multiple revenue streams 

- Perfect demographics for an Uber kitchen 

- Newmarket is set to boom with the 277 re-opening in 2019 and the University of Auckland expanding into this location 

New Market retail and hospitality is set to boom with the reopening of 277 in 2019, are you ready to capitalise? 

Call the hospitality specialist James Ashwin today on 0211256898 to make an appointment. 

Asking Price: $99,000 + Stock of $3,000 

Agency Reference: KA1603

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