Successful Rural Lifestyle Cafe & Bar Business Freehold For Sale

Business description

Hansens Cafe & Bar (Formerly Kimbolton General Store) and 3-bdrm accommodation now for sale. Current owners have operated last 4 years.

Asking price includes:
Freehold land & Buildings - (Rated at $290,000), asking $250,000nzd
Business - Valued at $20,000nzd
Chattels & Fixtures - Valued at $65,000nzd

We are negotiable.

Buildings include Cafe & Bar, adjoining 3-bedroom accommodation, 5 storage sheds and a large barn.

Cafe currently only operates 4 days a week (Thu-Sun), so heaps of room for growth with extended hours or potential for addition to business to include dairy shop service.

Cafe operates full service all day menu, licenced bar service and takeaways. Great support from extended rural community, plus draw card for patrons from Feilding (29KMS) and Palmerston North (45kms). Kimbolton is 500metres above sea level (yes it can snow),great draw card for business plus the fact there are 5 private gardens that attract many visitors. Kimbolton is the doorstep to the awesome Oroua Valley and Ruahine Ranges...tramping and hunting at your doorstep.

Aside from casual dining the cafe operates for private functions including wedding receptions, birthdays, wakes, and xmas work functions.

The cafe can comfortably cater for to 60-80 people.

Cafe was retro fitted and renovated in 1998. Completely fitted out in natural timbers, included NZ Oak, Rimu, Matai. Huge NZ Oak Bar and Open Fire Place that creates awesome ambience. Modern toilets were fitted when renovated. Building dates back to 1894 but underwent major work during renovation including new piles in Cafe section of building and fire wall between cafe and accommodation. New plumbing and electrical wiring including 3-phase to kitchen.

Accommodation includes 3-bedrooms, 1 large lounge/dining room (open fire), kitchen, bathroom (shower over bath), toilet and laundry. Currently tenanted.

Asking Price Plus GST(if any)

Property information

Real Estate:

Real Property Included

Living accommodation:

Three bedrooms, one large lounge/dining room, Kithcen, bathroom and laundry.

Location:

Situated in the main street of Kimbolton Village, northern Manawatu, 29kms north of Feilding.

Premises details:

The premise dates back to 1894 and still holds 99% of orginal native timbers in its construction. As a historic building it has lots of character including a huge open fire place. The building was converted from the three original stores into one open plan Cafe and bar in the late 1990's and includes modern fitted toilets with full wheel chair access.

Size in square feet:

1012m2 land - 311m2 building

Other information

Expansion potential:

For lifestyle reasons business is only run 4 days a week so has the opportunity for expanded hours of operation along with expanded the business to offer a dairy shop operation as none exists in the village with nearest dairy some 15kms away.
Cafe could also be expanded in size if accommodation was not required. Opportunity exists for "Sports bar" expansion with lcoal demand growing as Tavern has given this away. Huge demand from locals for large TV screen rugby viewing during Super 14, Tri-Nations and All Black test matches.

Planning consent:

All consents in place including Liquor licensing

Competition / Market:

Apart from the local Tavern, which does not serve food, there is no other food outlets in Kimbolton.

Support & training:

Current owners happy to assist new owners with operation of the Cafe and the business...suppliers, operational and legal requirements for NZ based Business. The chef (also an owner) happy to stay on for a period to assist. Existing staff keen to stay employed

Reasons for selling:

Genuine sale with only reason being its time for a change. Busines rebuilt after previous owner could not manage. Patronage now back to satisfactory level and awaiting new owners to take to next level.

Trading hours:

Thursday 11am to 10pm
Friday 11am to late
Saturday 10am to late
Sunday 10am to 10pm

Furniture / Fixtures value:

$65,000 (included in the asking price)

Inventory / Stock value:

$7,000