Business for Sale

205 Fendalton Road, Fendalton, Canterbury 8052

Room 205 Coffee House - Business - For Sale

Situated on the busy Fendalton and Clyde Roads intersection, this well established and very popular café is now for sale due to the owner, for the past five years, having to return overseas for family reasons.

This business comprises a two storied sunny corner site which can seat up to 30 patrons and is also adaptable to cater for private functions.

There is an adjoining carpark with 4 designated parks plus 2 shared parks available. There is also plenty of street parking nearby.
Current operations include one chef and two service staff with several staff available on a part-time basis.
All existing chattels are all included in the sale to allow for business continuity.

Current lease has ten (10) years remaining.
Latest financials are being prepared but annual turnover has exceeded $300,000pa.

Call sole agents Mike Drummond 021 2374606 and Don Yee 0027 434 5797 to discuss. Property ID: #HHC4797

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Sold Date

  • 31 August, 2023

Property features

  • Business Name: Room 205 Coffee House
  • Business description: Cafe
  • Legal Name: Bothwell Group Ltd
  • Property Type: Restaurant / Cafe
  • Monday: 7:30-3:00pm
  • Tuesday: 7:30-3:00pm
  • Wednesday: 7:30-3:00pm
  • Thursday: 7:30-3:00pm
  • Friday: 7:30-3:00pm
  • Saturday: 8:00-3:00pm
  • Sunday: 8:00-3:00pm
  • Turnover $: Turnover: $300, 000, Per: Annum, excl GST
  • Rent $: Rent: $108, 580, Per: Annum, excl GST
  • Start: 27/03/2018
  • To: 25/05/2033
  • Intangible assets $: 20000
  • Total (plus GST if applicable) $: 129075
  • Tangible assets $: 93075
  • Stock $: 16000
  • Full time: 1
  • Part time: 2
  • Other comments: 4x Designated car parks and 2 carparks shared
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Office

Harcourts Holmwood Commercial

Licensed under REAA 2008

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Est. bond $1920

Business for Sale

205 Fendalton Road, Fendalton, Canterbury 8052

Room 205 Coffee House - Business - For Sale

Situated on the busy Fendalton and Clyde Roads intersection, this well established and very popular café is now for sale due to the owner, for the past five years, having to return overseas for family reasons.

This business comprises a two storied sunny corner site which can seat up to 30 patrons and is also adaptable to cater for private functions.

There is an adjoining carpark with 4 designated parks plus 2 shared parks available. There is also plenty of street parking nearby.
Current operations include one chef and two service staff with several staff available on a part-time basis.
All existing chattels are all included in the sale to allow for business continuity.

Current lease has ten (10) years remaining.
Latest financials are being prepared but annual turnover has exceeded $300,000pa.

Call sole agents Mike Drummond 021 2374606 and Don Yee 0027 434 5797 to discuss. Property ID: #HHC4797

Property Features

  • Business Name: Room 205 Coffee House
  • Business description: Cafe
  • Legal Name: Bothwell Group Ltd
  • Property Type: Restaurant / Cafe
  • Monday: 7:30-3:00pm
  • Tuesday: 7:30-3:00pm
  • Wednesday: 7:30-3:00pm
  • Thursday: 7:30-3:00pm
  • Friday: 7:30-3:00pm
  • Saturday: 8:00-3:00pm
  • Sunday: 8:00-3:00pm
  • Turnover $: Turnover: $300, 000, Per: Annum, excl GST
  • Rent $: Rent: $108, 580, Per: Annum, excl GST
  • Start: 27/03/2018
  • To: 25/05/2033
  • Intangible assets $: 20000
  • Total (plus GST if applicable) $: 129075
  • Tangible assets $: 93075
  • Stock $: 16000
  • Full time: 1
  • Part time: 2
  • Other comments: 4x Designated car parks and 2 carparks shared
Show More

Sold Date

  • 31 August, 2023

Mike Drummond Harcourts Holmwood Commercial

Don Yee Harcourts Ilam

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Harcourts Holmwood Commercial

Office Harcourts Holmwood Commercial Licensed under REAA 2008

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