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Catlins Cafe - Thriving Tourist Stop...includes Accomodation For Sale

Owaka, Otago
Asking Price:
$530,000 (NZD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (NZD)
Cash Flow:
$250K - $500K (NZD)

The owners are seriously motivated to sell. So this is now offered at a genuinely tantalising price!

Owaka - its name means "Place of the Canoe" and located on the main street is the Catlins Cafe. This is the perfect place for people to begin or end their Southern Scenic Route journey through the Catlins. The Catlins Cafe offers espresso coffee using Allpress Coffee, homemade cafe style food and traditional fish and chip takeaways.

If you are seeking a well-priced, hospitality-based business in a relaxed location that offers great lifestyle and access to some of New Zealand's most stunning scenery and outdoor activities, then this could be it! This busy, established cafe and attached 2-bdrm accommodation caters to the busy, growing tourism industry. Perfectly located on the main highway approx 90% of the customers are passing tourists. Refer Catlins Cafe website

The spacious cafe features:

'Foyer' area used by takeaway customers
Two large dining areas
Woodburner
Separate barista area
Large chiller and freezer
Well equipped commercial kitchen
This business also includes a recently refurbished apartment style 2-bedroom unit, complete with full kitchen and log burner. It is currently used as rental accomodation but could alternatively be used as owner/operator/manager accommodation.

The current owners have stamped their own mark on this business and gradually restructured it with great systems so that it can run virtually 'hands-off' using local casual staff. There is ample opportunity for new owners with fresh ideas to grow things even further. And the recently redecorated house can serve as owner/manager accommodation or rental.

The freehold land and buildings are available for $530,000 (including the business) plus stock at valuation.

Property information

Real Estate:

Lease

Living Accommodation:

Recently modernised 2-bedroom unit located at the rear of the cafe

Location:

Busy main road at the 'gateway' to the Catlins - Coastal Tourist Route

Business Operation

Expansion Potential:

Plenty of scope for the right owner to grow this business on the back of the increasing tourist trade in the Catlins area

Reasons for selling:

Owners wish to pursue new opportunities

Other Information

Support & training:

Owners are happy to provide training for an agreed period as part of the hand-over

Related Documents:

Contact Broker

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