Link Business
*** SOLD ***

Cafe On The Tourist Trail With A Great Future!

Listing: #CS00788
price

$120,000

Profit

sales

$500,000

industry

Canterbury

Industry

Food / Hospitality



About this Business for sale in Canterbury

Cafe On The Tourist Trail With A Great Future!

Cafe On The Tourist Trail With A Great Future!

Taste of Kiwi is a delightful cafe located on the busy stretch of State Highway 73 / main route over Arthur’s pass. The owners have enjoyed a a great year and are on target to achieve approx. $600,000 of sales.

This is an entry level price point and offers an exciting opportunity for a purchaser to add further value with very little effort. The cafe services both local customers and travelers and tourists who have very limited choices along this busy stretch of road. -Taste of Kiwi is The place to stop!

So many positives!

  • Approximate earnings to full-time working owner $100,000 based on recent financials
  • Very little competition Taste Of Kiwi is one of the very few cafes on this stretch of the highway
  • All the hard work has been done...the fit out fresh and contemporary with lots of seating inside and out
  • Plenty of car parking off the main road, with easy access in and out of the parking area 
  • There is serious property development in the alpine pass townships, so while this is a busy tourist route, there are more 'locals/travelers' heading to holiday homes all year round
  • Established three years ago, this business has managed to weather the challenges and this financial years trading is looking strong

 

Ready for a new owner-operator, or family, give me a call for further details.

Asking price: $120,000 plus stock approx. $5000

 

***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.

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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.