Ad ID: 44991 Inactive

Cafe and Souvenir Shop for Sale Central Otago



Business for Sale Description

Cafe and Souvenir Shop for Sale Central Otago

PEGGYDALE. In operation for over forty years, this is your chance to take over one of South Otagos oldest tourist ventures. This outstanding opportunity to buy the extensive land and buildings is enhanced by a solid business income, with a turnover of close to one million dollars. This retail store and cafe is supported by both national and international tourism; thanks to the ideal location on one of the South Islands main arteries which enables significant businesses from tour buses, along with a very solid domestic market, who use this venue as a lunching and shopping stop.

The 340 sq m caf seats up to 100, has a fully equipped kitchen and employs nine staff; whilst the 587 sq m souvenir and gift shop employs five staff.

Modern, luxury 274 sq m 4 bedroom, 3 bathroom house, with a double garage and park-like garden set on almost 10 ha of land, is available for immediate sale. Subject to council consents, the land is zoned to build more infrastructure.

With current tourism numbers on the increase there is further potential to develop this business. NZ tourism is on an upward trend and the current turnover represents this. In addition, the house was reconfigured in 2011 to allow for operation as a bed and breakfast.

There is an untapped market for those who have an interest in providing food and services to an ever increasing market.
To find out more contact Jason Whitehead today on +64 275 715 196.

$1.435m plus SAV and GST (if any)

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