Hospitality Site (Cafe Premises) – Parnell

Hospitality Site (Cafe Premises) – Parnell — Hospitality & Tourism · Parnell · Asking $79,000

Hospitality site only being sold, with no intellectual property or trading business included Fully fitted cafe premises featuring gas cooking, full extraction and a walk-in chiller Seating for 32, with one car park included under the lease Lease in place until 2030 Suited to a first-time buyer wanting to launch a new hospitality concept

DealProspect/Listings/Hospitality & Tourism

Hospitality Site (Cafe Premises) – Parnell

Hospitality Site

ActiveHospitality & TourismAuckland

Find funding for this deal →View original listing ↗

Asking price

$79,000

Disclosed · NZD

Revenue

—

Earnings (est.)

~$35,955

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Hospitality site only being sold, with no intellectual property or trading business included
Fully fitted cafe premises featuring gas cooking, full extraction and a walk-in chiller
Seating for 32, with one car park included under the lease
Lease in place until 2030
Suited to a first-time buyer wanting to launch a new hospitality concept

Hospitality site businesses in Auckland

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Listed

+4 in 30 days

Median asking

$75K

8 priced

Earnings multiple

2.1×

76 listings

Price drops

in 30 days

Asking price spread8 of 12 state a price

This listing · $79K

100%

Under $100KUnder $100K

New Zealand 18

Takeaways 78 · Cafes 67 · Restaurants 58 · Wholesale and distribution businesses 26 · General retail businesses 25 · Liquor stores 22

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