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Terramia Italian Cafe, Restaurant & Pizzeria In Arrowtown For Sale

Queenstown, Otago, New Zealand
Asking Price:
$395,000 (NZD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Want to own one of Arrowtown’s most profitable, and strategically located, licensed café and restaurants?

One of Arrowtown’s best hospitality businesses, in the prime pedestrian count, and with maximum street frontage to the sunny side of the Main Street (Buckingham Street) is for sale.

This business has continued to trade exceptionally well during Covid, and the business is ideally positioned to extend the trading hours of the business, if the new owner wants to increase turnover beyond the current approximate $1m plus turnover that has been achieved during the last few years.

ON OFFER:

★ Exceptional frontage to the main street of Arrowtown
★ The historical nature of the building and premises is a strong drawcard
★ Indoor seating for approximately 46 diners
★ Gorgeous outdoor courtyard allows for approximately 18 diners
★ Modern equipment and chattels
★ An extended lease ensures the future of this business
★ Turn key operation for the current Italian cuisine
★ Potential for any other hospitality business, cafe, restaurant or bar complex

This business premises is fitted out in the historical decor of Arrowtown and has an awesome courtyard area at the rear which has great potential for development. The current owners are happy to train the new owners fully, with the recipes and operating procedures and systems. The new owners can step in and enjoy all the very hard work the current owners have built up over the years.

If you’re ready for a fresh start in Arrowtown, then get in touch now – everything is done and viewing will simply seal the deal – it’s gorgeous and in a top location on the main street.

For more information please contact Adrian Chisholm, REINZ, specialist hospitality business broker.

Property Information

Real Estate:

Lease

Location:

Please see our website for full details TourismProperties.com

Contact Tourism Properties

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