Link Business
*** SOLD ***

Café Bar. Earn $265K in Stunning Central Otago!

Listing: #CS00281
Profit

$264,000

sales

$1,175,000

industry

Central Otago

Industry

Food / Hospitality



About this Business for sale in Central Otago

Café Bar. Earn $265K in Stunning Central Otago!

Ready for that perfect lifestyle shift? This one’s a winner! You may be a Hospitality professional fed up with the big Cities or someone who is just passionate about food and service and have been looking for that move in to the wonderful Hospitality world.

This is an incredibly well-priced business and is one of the Region’s solid performers with sales of $1.175m per annum and a super strong history!

This is an extraordinary business operating from beautiful premises in a Historic Precinct in Central Otago.

Fabulous location with super off-street parking and on one of the most popular tourist routes in the South Island. This town and restaurant draws custom from far and wide all year round.

It enjoys a good mix of breakfast and brunch business, takeaway coffees, a strong lunch service, excellent night trade for dinner and a strong bar trade.  It also boasts a fantastic beer garden / alfresco dining, stunning historic charm in the restaurant, bar and also the adjacent accommodation part of the business!

The owners are very detailed orientated and so there are excellent systems in place. Whilst the owners do work in the business, the staff are well trained and the systems mean that a new owner can be assured of a smooth transition.

The actual restaurant, bar, and garden wrap themselves around a highly efficient kitchen. There is seating for around 80 inside and 60 outside. This place works well in all seasons  and is equally supported by International, National and local customers.

•             Sales of over $1.175m per annum (plus GST)

•             Excellent lease or purchase the freeholds!!

•             Superb fit out with a great choice of different seating areas!

•             Extremely well known and popular

•             Great staff and systems in place

Is there room for growth? Absolutely. Whilst the owners have done a fantastic job here, there is always time for a change and room for growth, if you so choose. There are also further cost savings to be made for the savvy operator.

The owners are more than happy to ensure that smooth transition and will provide great hands-on training for the lucky eventual buyer.

Make no mistake this is a premium hospitality listing.

Asking $537K plus stock.

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

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This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.