Listing #:1656958554

Stunning Beachside Eatery - Exceptional Returns

Location: Wellington
Growing revenue and an exceptional cash surplus delivered off a very strong brand platform makes 'The Front Room' a very palatable proposition.

Situated at 42 Tutere Street, Waikanae Beach, 'The Front Room' exudes beach side vibe. The building creates a highly engaging bach-like ambiance, which combines retro kiwiana with a hard edged contrast from the choice of fixtures and fittings. Out back the alfresco dining zone offers rustic seating, a magnificent fireplace and an open sided summer house-bar to further enhance the seaside holiday atmosphere.

The cuisine is modern contemporary and covers breakfast, brunch, lunch and dinner.

Consider these business highlights:

*High weekly sales
*Solid cash surplus - 3-year average $264k
*Excellent rent ratio at 3.33%
*Stylish and sophisticated, but relaxed and informal setting
*Modern contemporary cuisine
*Well recognised local brand throughout the Wellington region

The suburb of Waikanae beach has become even hotter property since the expressway opened late 2016. Further residential developments are underway as the access has been improved.

The Front Room Eatery offers you the opportunity to live the Kapiti Coast lifestyle while owning a stylish and sophisticated, but relaxed and informal cafe/restaurant.

Price $660,000

Agency reference #: 29091
Asking price: $660,000
Listed: Wed 6 Jun, 9:55 am
Belinda Wotton
ABC Business Sales Limited
  • Contact details
  •  (04) 9796919
  •  (027) 2769029

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Agent's details

Belinda Wotton
  •  (04) 9796919
  •  (027) 2769029
ABC Business Sales Limited
(09) 6301600

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