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Description

Waterfront Drive, Mangonui 

$330,000 + Stock (and GST if any)

Step into a proven earner with this prime waterfront hospitality opportunity. Located in the busy holiday hotspot of Mangonui, Jesse’s on the Waterfront Cafe & Bar is a local favourite generating a solid annual turnover of nearly $1.0 million p.a.

The hard work has already been done for you. The current owners recently injected significant capital into top-tier upgrades, giving you a massive, expanded commercial kitchen with seamless stainless steel benching, a brand-new electric pizza oven, and completely renovated bathrooms. This turnkey asset is perfectly suited for either an ambitious investor or an owner-operator wanting to take the reins.

Business highlights:

·Prime Waterfront Position: Unbeatable high-visibility location on Waterfront Drive with a fantastic outdoor deck.

·The Best of Both Worlds: A cherished staple for the locals, while simultaneously capturing the high-volume, booming tourist trade in a busy holiday space.

·Strong, Diversified Revenue: Generates a consistent, good annual turnover with an all-day menu, busy bar trade, and a thriving takeaway stream that currently makes up 20% of sales.

·Great lease in place to 2031 which can be extended

Live the coastal dream while acquiring a profitable, fully updated asset.

Contact us  today to learn more.

Details

Location:
Far North, Northland
District:
Far North
Region:
Northland
Agency reference:
4117563
Price:
Asking price: $330,000

$1M Turnover Waterfront Cafe & Bar

Listed: Tue 28th Jul, 2:11pm
55 days, 18 hours, 10 minutes

Asking price: $330,000

Hayden Rasmusen
Hayden Rasmusen Barfoot & Thompson Kerikeri, (Licensed: REAA 2008)
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Hayden Rasmusen

Hayden Rasmusen

Barfoot & Thompson Kerikeri, (Licensed: REAA 2008)

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$1M Turnover Waterfront Cafe & Bar

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