Business For Sale. Fabulously French Restaurant & Freeholds

This is a one off opportunity to own two unique freeholds in New Plymouth in the CBD and a very successful restaurant business. Ideally suited to owner operator but certainly room for an investor as well.

This fabulous iconic restaurant has been servicing locals, national and international visitors for 32 successful years, providing a full range of wines and award winning dishes that have given this establishment the unsurpassed reputation it deserves.
Trading hours are 6pm to close 6 days a week. It has always been closed two weeks over Xmas and every public holiday, so this an area that could offer potential increase of sales.

As you arrive you are greeted by the highly polished professional staff and seated at a most spectacular bar for a pre dinner drink. Looking around I was in marvel by all the interior furnishings of the restaurant, soft velvet floated from the ceiling, fluted columns, lion heads, spindles, rimu staircase leading to a private dining area's, ornate wrought iron. The ambiance from the creates a very special atmosphere, one that would be hard to compete with.

The two freeholds sit side by side. They where built in the 1870's and we have been told are two of the oldest commercial buildings in New Plymouth. Refurbishment to the front facades took place in 1983 merging the two buildings together to create the restaurant we see today.

The fitout, fitting, fixtures, plant and equipment are all owned and are of highest quality offering a complex that can cater to large, small, intimate, corporate and special occasions. The vendor has quoted 'to refit the buildings to the standard he has created there would be no change out of $700,000 today'.

The Restaurant has traded very well from opening and you could say it was recession proof as the sales have increased throughout 2010 , 2011 and 2012. Operated by efficient and loyal staff, the business will be handed over seamlessly to a new operator or partnership.

The current owner is retiring and wishes the establishment to be sold as one. The asking price is to meet today's market and includes 2 freeholds, the business, fitout and all chattels. Price is plus GST (if any).

There maybe options to purchase the freeholds separately from the restaurant business. For further details, please contact myself for a full information memorandum.

View more pictures on the following link:
http://www.nz.open2view.com/property/view/168041