Listing #:1650496330

Ponsonby Rd Ice-cream Business! Urgent Sale!

Location: Auckland City, Auckland
Any offers will be considered- Urgent Sale!

This is an opportunity to purchase a unique ice-cream retail business situated in one of Auckland's finest suburbs- Ponsonby.

The rent is remarkably low taking into account the prime location and all fixtures and fittings are in good condition. Such low overheads and prime location make this business unique.

The area has a thriving café culture, which the new owner could embrace and further evolve the business and provide even greater revenue generation opportunities.

The business is reasonably priced and would make a great investment for a working owner to take this unique concept to the next level. Viewing is highly recommended to fully appreciate this opportunity.

BUSINESS OVERVIEW:
Years established: 3 years.
Gross sales revenue: Average $3,500 p/w.

STRENGTHS:
The product is successfully positioned in the fast growing market.
The business targets a growing market demand for gourmet ice cream products and has a huge scope for further development.
The location offers outstanding demographics, high street visibility and endless foot traffic with business professionals, tourists and locals.

OCCUPATIONAL RIGHTS:
Under lease with the following conditions:
Term: 6 years with 2 further options of 6 years
Current rent: $34,000 per annum + GST & Outgoings
Final Expiry Date: October 2031

FINANCIAL INFORMATION:
The financial summary will be provided to prospective qualified purchasers after a Confidentiality Deed has been signed and returned to RE/MAX Associates.

ASKING PRICE:
$65,000 plus Stock at Value.

For further information or to arrange an inspection, please contact Vladi Dimitrov on 021 276 7577.

Website: http://www.remax.co.nz/19992885

Agency reference #: 19992885
Asking price: $65,000
Listed: Thu 31 May, 9:09 am
Vladi Dimitrov
RE/MAX Associates
  • Contact details
  •  (021) 2767577

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Agent's details

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Vladi Dimitrov
RE/MAX Associates
(09) 3098478

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