Established Paihia café - vendor ready to move on
A genuine opportunity to take over an established Paihia café - talk to us about what could work for you.
After nine years building El Café into a well-known local business, the owners have made the decision that it is time to move on.
Their priority now is to find someone who can make use of what they have created. All genuine proposals will be considered, whether for the established business as a going concern or a discussion around the existing chattels, equipment and fit-out.
El Café has an established customer following, a fully equipped commercial kitchen, approximately 38 covers including alfresco seating, and an affordable lease in place through to July 2028 with further renewals.
Currently trading weekdays only by owner choice, the café also provides obvious scope for a new operator to extend trading hours, reintroduce weekends, build catering and takeaway sales, or introduce their own concept into an already established hospitality space.
Key features:
• Established for nine years - recognised Paihia café with loyal local trade
• Walk in and operate - commercial kitchen, café equipment and fit-out already in place
• Approximately 38 covers - including outdoor seating
• Flexible opportunity - retain the existing concept or bring your own ideas
• Growth potential - weekends, extended hours, catering, packed lunches and takeaway
• Affordable lease $15,287 per annum - current 2 year term with 5 rights of Renewal to Aug 2038
The business has previously been marketed at NZ$90,000 + GST (if any). Circumstances have now changed.
If El Café has previously caught your attention, or you are looking for an affordable entry into hospitality in the Bay of Islands, now is the time to talk.
Don't allow the advertised asking price to prevent you from enquiring.
The vendors are ready to move on and are prepared to have a realistic conversation with genuine buyers.
Information Memorandum and Property Files: https://www.propertyfiles.co.nz/property/1004668
After nine years building El Café into a well-known local business, the owners have made the decision that it is time to move on.
Their priority now is to find someone who can make use of what they have created. All genuine proposals will be considered, whether for the established business as a going concern or a discussion around the existing chattels, equipment and fit-out.
El Café has an established customer following, a fully equipped commercial kitchen, approximately 38 covers including alfresco seating, and an affordable lease in place through to July 2028 with further renewals.
Currently trading weekdays only by owner choice, the café also provides obvious scope for a new operator to extend trading hours, reintroduce weekends, build catering and takeaway sales, or introduce their own concept into an already established hospitality space.
Key features:
• Established for nine years - recognised Paihia café with loyal local trade
• Walk in and operate - commercial kitchen, café equipment and fit-out already in place
• Approximately 38 covers - including outdoor seating
• Flexible opportunity - retain the existing concept or bring your own ideas
• Growth potential - weekends, extended hours, catering, packed lunches and takeaway
• Affordable lease $15,287 per annum - current 2 year term with 5 rights of Renewal to Aug 2038
The business has previously been marketed at NZ$90,000 + GST (if any). Circumstances have now changed.
If El Café has previously caught your attention, or you are looking for an affordable entry into hospitality in the Bay of Islands, now is the time to talk.
Don't allow the advertised asking price to prevent you from enquiring.
The vendors are ready to move on and are prepared to have a realistic conversation with genuine buyers.
Information Memorandum and Property Files: https://www.propertyfiles.co.nz/property/1004668
Key features
Established business
Walk in and take over, fully equipped and local following
Growth opportunities
Extended hours and franchisable brand
Location
Minutes walk from the Paihia waterfront
