Restaurant, Cafe, Bar plus Accommodation

Cromwell, Central Otago

$575,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c41smn

Solid performer with sales of $1.175m per annum!

This is an extraordinary business operating from 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.

You could view this business almost as 4 separate businesses all under one roof! 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 owner operators are very detailed orientated and so there are excellent systems in place. The staff are well trained and everything is neatly in its place.

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.

Make no mistake this is a premium hospitality listing.

Asking $575K including stock.

To find out more, go to www.linkbusiness.co.nz/CS00281 and 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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