Modaks Espresso in Dunedin. 35+ Years of Hospo on George St

Please note that this business is being sold as a hospitality site with no intellectual property provided.

Modaks is a name Dunedin knows. It has held a prime spot on George Street since 1991, located on the busiest stretch in the city & on the doorstep of the University of Otago. Hungry, caffeine-driven students, locals, and families have dined at and enjoyed Modaks for over 35+ years.

We are looking for a budding barista or a culinary connoisseur to put their spin on Modak's and put their name on the plaque of one of Dunedin's renowned cafes.

Business Highlights
- Fantastic annual rental of $53,000+GST
- Fantastic secure lease through till 2037
- two car parks included in lease (rare)
- Great street presence on George St
- seating inside for 50+
- Gas and extraction on-site
- Perfect set up for a first time cafe owner

Are you ready to get your grind on at George St.? Get on the phone now and call your friendly hospitality specialists, Jono Kennedy on 021 045 3871 or Sterling Arnet on 021 026 85891 today.

AAsking Price: $49,000 + Stock of $500

Agency reference #: KA2791