Magnolia Kitchen Cafe in Silverdale. Premium Hospitality Site

Current weekly sales of $29,000, owners have outgrown the premises!

Address 8 Silverdale Street, Silverdale

Location Auckland, Auckland - North

Sales Weekly sales average of $29,000 (as current concept)

Asking Price $35,000 + Stock of $500

Listing ID KA2105

Please note this business is being sold as a site sale only with no financials or I.P. included in the sale.
This site is currently trading exceptionally well however you will be required to rebrand into your own concept.

Cafe, cakes, flowers, giftware and everything sweet. Magnolia Kitchen has been stirring up the hearts of Silverdale since they first opened and now they have outgrown their boots and are looking for someone to take over this dream location. With all the fit-out and equipment you could fathom, riding on 330m2+ of polished concrete, the endless amounts of options in rebranding and retooling this location to suit your own style and cuisine await.

Business Highlights
- Current owner trades strong with weekly sales of $29,000+ (GST Incl)
- 330m2+ of premium fit out
- Long lease until 30 June 2029
- Stunning fit-out
- Seating of up to 30+ with loads of room to expand
- Bank guarantee of $72,500 + GST
- Annual rent of $129,745 + GST
- Annual OPEX of $22,700 + GST
- Large, high spec commercial kitchen with extraction
- Warehouse style storage

Keen to fire up your hospitality passion? We would love to hear about it. Give the hospitality specialist Sterling Arnet a call today on (021)026-85891 to arrange an inspection of your dream location.

Asking Price: $35,000 + Stock of $500
Listing ID: KA2105