BUSINESS DESCRIPTION
This is one of Upper Huttâ??s busiest cafes with an attached wine bar. Originally established in 2002, the current owners took possession in 2007. The cafĂ© wine bar is now one of Upper Huttâ??s true community and live entertainment venues that exudes atmosphere from a colourful and historic past. It is now seen by many as a local landmark and icon of the Upper Hutt region.
The café/wine bar has 4 year average annual sales in excess of $750,000 with a 2012 EBPITD of $245,603. This café is extremely well run by an operator who understands the community they serve. The current lease expires in September 2016 and the landlord would welcome a renewal.
If youâ??re a cafĂ© specialist who enjoys engaging with the community you serve, this cafĂ© is a must from vendors who are realistic about price.