Great Potential Highway Cafe Athol Freehold Going Concern For Sale

Business description

Here is your opportunity to purchase this FHGC business just before the next anticipated Goldrush or should that be Cyclist Rush.

In late 2010 it is anticipated that the new "Round the Mountain Cycleway" will open. This new Cycleway, part of the New Zealand Governmants plans for a National Cycleway, will result in thousands of cyclists and walkers annually, travelling from Walter Peak (near Quenstown) to Kingston via Lake Mavora, Mossburn, Five Rivers Athol and Garston, with the main overnight stopovers scheduled to be at Lake Mavora, Mossburn, Athol and Garston.

It is anticipated that up to 150 beds will be needed in this area to accommodate the thousands of cyclists and walkers. This in itself presents a new opportunity to the owners as there is plenty of land available to build visitor accommodation on site. The Highway Cafe is ideally located to take advantage of the opportunities that will be presented by the new cycleway.

The business has continued to increase its annual turnover since 2003 and is poised to take advantage of the new opportunities that will come its way when the new cycleway opens to the public. It is located on a busy highway and is a popular stop off for the many visitors travelling heading between Te Anau/Milford Sound and Queenstown.

Current Income Streams:

- Licensed Cafe & Bar (On License).

- Bottle Store (Off License).

- Convenience Store.

- Fast Food Takeaway's.

- NZ Postal Services (Postal Box Contract).

Great Opportunity.

Property information

Real Estate:

Real Property Included