SOLD

Profitable Wanaka Lakefront Cafe Restaurant For Sale

Central Otago & Lakes

An attractive and well presented, casual but sophisticated, licensed cafe and restaurant. Popular with locals and tourists alike, with a sustained annual turnover touching on $2m excluding GST.

On the main street of Wanaka, across the road from the town’s most popular beach at Pembroke Bay providing a steady stream of foot traffic throughout the day and into the evening. Popular with locals and tourists alike.

Spacious internal dining area, together with the terraces and street front areas. Capacity to increase revenue further.

The owners have turned this business into a profitable hospitality operation and have carefully structured the operation to maximise profits with limited owner input, thanks to the excellent systems they have put in place.

The current owners have worked on developing the dinner service side of the business over the last year or so and see this as a continuing area of potential, together with developing the bar and liquor service.

Excellent long term lease through 2036.

A full information pack is available through the broker.

$795,000 plus SAV plus GST (if any)
Central Otago & Lakes
SOLD May 20 plus GST
Cafe 
Listing ID NEX10285

Price

SOLD May 20

Sean Synnott

Business Broker New Zealand
Licensed Real Estate Agent

Nexus Business Sales

21E Gordon Road, First Floor
Wanaka, 9305
Alternatively complete our online Non-Disclosure Agreement (NDA) here and we will contact you with information about this opportunity.
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