Otago / Otago

Owner Operated - Central City - Historic Building

Web Ref #36851
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Particulars

Address:
Otago
Price:
$145,000 incl. stock
Listing ID:
36851
Category:
Restaurant

Otago - $145,000 incl. stock

Located on the ground floor of a stunning, recently restored CBD historic building, opposite the Exchange and Queens Gardens, Sool is currently trading as a Korean Restaurant with 3 heavily involved working owners.

Fully licensed from 11am to 1am, with capacity for 59 pax, this is a highly functional space. With the new ACC regional office having recently opened right next door, major city hotels and the Dunedin Casino, along with significant office space in close proximity, the opportunities to tap into a new and growing market, with an exciting new product, are clear.

The current vendors have enjoyed their experience and wonderful customer base that has been developed over last few years, however, due to a change in family circumstances, they have made the decision to return to Korea and have come to the decision that this venture needs to be moved on to someone with new eyes and fresh energy to reach the next level.

The fully functional kitchen, small outdoor terrace and workable FOH space, make this is a tidy venue that would suit a young dynamic working couple looking to get into their first operation or equally, could be that perfect extension to a current portfolio looking for a second or third location.

With new plans afoot, there is an element of urgency to this sale, and as such, the business has been priced to reflect that. It is important to note; this is a working owner operation. The current business model may not suit all buyers.

Current high demand for “first time buyer” venues, suggests this beautiful space in conjunction with the quality lease and excellent landlord will move quickly, so don't delay and register your interest today.

Price $145,000 + stock

Contact Jace - 021 969 979.

Due to commercial sensitivity, no information will be forwarded until you have spoken with our broker. To register your interest, complete the confidentiality agreement and our broker will be in touch to arrange an appointment. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36851
Click here to complete a Confidentiality Agreement

Particulars

Address:
Otago
Price:
$145,000 incl. stock
Listing ID:
36851
Category:
Restaurant

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