Listing #:1479211160
Prime Cafe on Featherston street up for grabs!
Location: Wellington
Unlike the Great strike in 1913, in downtown Wellington, saw some of the most violent street fighting of the 1913 Great Strike. The strike began in October following disputes on the Wellington waterfront and at the Huntly coal mines... The battle began in earnest on Featherston Street, where specials charged strikers.

Well its oh so civil now on Featherston street and I'm sure if this cafe was around in 1913 things could have been different. The strikers could have grabbed a double shot latte or something from the tasty menu.
This well-oiled business is for sale due to the new owner returning to his homeland for family reasons. They have invested heavily in a short time and turnover is steadily growing and on track to push over 1 Million per annum in revenue.

Wage costs are down, turn-over is up and things are looking bright.

With new buildings in the vicinity almost complete, this will help continue the growth & with three recent cafes in the area now closed, the equilibrium of balance, its good times ahead.

Poised to take advantage of the opportunities, our owner has given us instructions to sell as he is heading home by March 2018. Don't delay, this is a great opportunity for someone experienced or looking for a great first cafe without the grind to hit that 1 million mark of turnover.

$175,000 asking Price Plus GST (if any) Some vendor finance possible to approved purchaser

Agency reference #: 3300917
Asking price: $175,000
Listed: Tue 28 Nov, 5:30 pm
Mike Lovell
Bayleys Wellington Residential
  • Contact Details
  •  (04) 4996044
  •  (027) 4356007

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Mike Lovell
Bayleys Wellington Residential
(04) 4996044

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Expires: Fri 20 Apr, 4:30 pm
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