Otago / Otago

Otago - $175,000 + Stock

Web Ref #34795
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Particulars

Address:
Otago
Price:
$175,000 + Stock
Listing ID:
34795
Category:
Restaurant

Cafe - Central City - $100k+ Returns

Positioned in a prime location on George Street, in Dunedin's up-and-coming foodie district, Modaks has remained profitable and popular throughout the lockdowns and the George Street development. With these due to be completed in the coming weeks, now is the time to take full advantage.

Modaks has, for decades, been a must-go for coffee connoisseurs, foodies, and those looking for a comfortable, clean, and quiet environment. The perfect spot for a relaxing break, working lunch, or study session. For over thirty years this successful Dunedin icon has been a pioneer of quality alternative menu options, long before they became must-stock items on every cafe menu.

With a comfortable seating capacity for 60 plus; boasting fast and efficient service, consistent quality food, and great coffee. This notable establishment is a local favourite, and one sought out by tourists who quickly grow to love it.

With generations of students having made this their go-to spot for their time at university, it is always a welcome sight for returning ex-pats, post-grads, and parents of the next generation. A landmark and institution, it remains a constant part of the Dunedin experience.

With the current owner having added their part to the legacy that is Modaks, they are ready to hand the reigns over to the next owner to make their mark and take advantage of a solid history with a great location.

This excellent performer is priced to sell at only $175,000 + stock and with a vendor happy to provide a high level of assistance for an extended period, this is an opportunity not to be missed.

No financial information will be handed over until you have spoken with our broker so please register your interest by completing the Confidentiality Agreement and our broker will be in touch.

For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34795
Click here to complete a Confidentiality Agreement

Particulars

Address:
Otago
Price:
$175,000 + Stock
Listing ID:
34795
Category:
Restaurant

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