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L'Escargot Licensed Restaurant & Freeholds
- Asking price: $880,000
- Listed: Fri 27 Jul, 3:18 pm
- Listing #: 497975820
| Location: | New Plymouth, Taranaki |
|---|
This is a one off opportunity to own a thriving business and two unique freeholds in New Plymouth in the CBD.
This fabulous iconic restaurant has been servicing locals, national and international visitors for 32 successful years, providing a full range of wines and award winning dishes that have given this establishment the unsurpassed reputation it deserves.
Trading hours are 6pm to close 6 days a week. It has always been closed two weeks over Xmas and every public holiday, offering balance and opportunity to enjoy been a business owner.
As you arrive you are greeted by the highly polished professional staff and seated at a most spectacular bar for a pre dinner drink. Looking around I was in marvel by all the interior furnishings of the restaurant, soft velvet floated from the ceiling, fluted columns, lion heads, spindles, rimu staircase leading to a private dining area's, ornate wrought iron.
The fitout, fitting, fixtures, plant and equipment are all owned and are of highest quality offering a complex that can cater to large, small, intimate, corporate and special occasions.
The Restaurant has traded very well from opening and you could say it was recession proof as the sales have increased throughout 2012 & 2013. Operated by managment and efficient and loyal staff, the business will be handed over seamlessly to a new operator or partnership.
The two freeholds sit side by side. They where built in the 1870's and we have been told are two of the oldest commercial buildings in New Plymouth. Refurbishment to the front facades took place in 1983 merging the two buildings together to create the restaurant we see today.
The current owner is retiring and wishes the establishment to be sold as one. The asking price is to meet today's market and includes 2 freeholds, the business, fitout and all chattels. Price is plus GST (if any).
There maybe options to purchase the freeholds separately from the restaurant business. For further details please contact myself for a full information memorandum
Agency reference #: 13880
This fabulous iconic restaurant has been servicing locals, national and international visitors for 32 successful years, providing a full range of wines and award winning dishes that have given this establishment the unsurpassed reputation it deserves.
Trading hours are 6pm to close 6 days a week. It has always been closed two weeks over Xmas and every public holiday, offering balance and opportunity to enjoy been a business owner.
As you arrive you are greeted by the highly polished professional staff and seated at a most spectacular bar for a pre dinner drink. Looking around I was in marvel by all the interior furnishings of the restaurant, soft velvet floated from the ceiling, fluted columns, lion heads, spindles, rimu staircase leading to a private dining area's, ornate wrought iron.
The fitout, fitting, fixtures, plant and equipment are all owned and are of highest quality offering a complex that can cater to large, small, intimate, corporate and special occasions.
The Restaurant has traded very well from opening and you could say it was recession proof as the sales have increased throughout 2012 & 2013. Operated by managment and efficient and loyal staff, the business will be handed over seamlessly to a new operator or partnership.
The two freeholds sit side by side. They where built in the 1870's and we have been told are two of the oldest commercial buildings in New Plymouth. Refurbishment to the front facades took place in 1983 merging the two buildings together to create the restaurant we see today.
The current owner is retiring and wishes the establishment to be sold as one. The asking price is to meet today's market and includes 2 freeholds, the business, fitout and all chattels. Price is plus GST (if any).
There maybe options to purchase the freeholds separately from the restaurant business. For further details please contact myself for a full information memorandum
Agency reference #: 13880
Business buyer’s checklist
Agent's details
Nuree Allan
- (07) 5794994
- (027) 4466987
Bay Business Brokers Ltd Lic. REAA 2008
(08) 00225999
Expires: Thu 30 May, 9:29 am
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