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DealProspect/Listings/Food & Beverage

Modaks Espresso Site - George St, Dunedin

Hospitality Site

ActiveFood & BeverageOtagoB2C
Asking price
$49,000
Disclosed · NZD
Revenue
EBITDA
Implied multiple
Brief
  • Iconic hospitality site on George Street, Dunedin, trading since 1991
  • Prime location opposite the University of Otago with high foot traffic
  • Sold as a bare hospitality site with no intellectual property
  • Long secure lease through to 2037, including 2 car parks
  • Seating for 50+ with full gas and extraction fit-out
  • Well suited to a first-time cafe or hospitality owner