Ad ID: 98892

Restaurant and Cafe for Sale Ponsonby Auckland

Little Bread and Butter in Ponsonby Central. Top Hospitality Site

+ Stock of $5,000

Business for Sale Description

Restaurant and Cafe for Sale Ponsonby Auckland

Please note this business is being sold as a hospitality site only and you will be required to rebrand the premises.

Nestled in the heart of the popular Ponsonby Central is a rare opportunity to own the busiest and most prominent cafe in the hub. With a healthy following of regulars and local support, Little Bread & Butter traded strong for many years right up until the construction of the new car park commenced in 2019. Just like a fine red wine, Ponsonby Central will only get better with age thanks to 50+ underground car parks and a new lane due for completion in just a few weeks, the timing couldn't be better to jump on this amazing opportunity.

Business Highlights

- Strong weekly sales average of $14,850+ (GST incl)

- Lease through to 2024 (potential to extend)

- Running under full management

- Strong historical figures of $18,800+ (GST incl)

- 50+ new car parks and laneway to be complete mid 2021

- Currently open daytime only, great opportunity to open nights

- Top of the line fit out included in the sale

Want to find out more? Give Sterling Arnet the hospitality specialist a call today on (021)026-85891 to discuss.

Asking Price: $49,000+ Stock of $5,000

Listing ID: KA1902

Interested In This Opportunity?

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For more info
Contact: Sterling Arnet

Sterling Arnet

Sterling Arnet
Kakapo Business Sales
Licensed REAA 2008
Broker Ref: KA1902

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