Busy State Highway Cafe Plus Land & BuildingsListing: #CS00535
About this Business for sale in WaimateBusy State Highway Cafe Plus Land & Buildings
Situated on the extremely busy State Highway 1 between Timaru and Oamaru, Nosh Cafe is for sale, along with the freehold.
This is a rare opportunity in the hospitality/tourism market to purchase:
Land 3474sqm with 150m2 building (the cafe), all amenities plus building platform for accommodation. Well maintained with major upgrades to water and treatment systems.
Originally built in 1955 as an American style roadhouse diner, (you can still see the influence today), Nosh Cafe is now a contemporary style cafe with all amenities/services and a fantastic menu.
Nosh Cafe is profitable!
$170,000 (including rental of $40,000) to a part-time working owner.
- Busy state highway location
- Great signage - Tourists and travelers make the easy turn-off to park
- Ample parking front and back for all size vehicles
- Seating inside and out, for over 70 people
This is a fantastic lifestyle & investment opportunity - continue to work in the business (current owner works part-time) or lease the premises and or build and develop further. Be your own boss, and landlord!
Asking Price: $710,000 which includes land, buildings and business.
Vendor will consider a separate sale of Freehold and Business.
Call me today.
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.
SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid?
Register for our Buy a Business Seminar. https://go.linkbusiness.co.nz/buy-a-business/
+64 3 366 3394
+64 21 02978810
*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.