Business For Sale. Rotorua Licensed Cafe And Accomodation

Cafe located on sunny corner site close to Rotorua's tourist spots with a high volume of passing traffic giving it great profile to locals and travellers alike. This cafe has been in this spot for 21 years and under the present ownership for 4 years.

The present owners have developed the out catering part of the business to the point they have 19 corporate customers and are still expanding this market. They offer as part of their catering services morning teas, pre prepared lunches, food for events and also spit roasts.

The seating capacity caters for up to 30 inside and up to 40 outside in the lovely sheltered garden area which gets all day sun so is popular with customers in summer.

The liquor licence operates from 10 am until 11 pm at night, Monday to Sunday, but as the cafe is not open for meals in the evening there is potential to gain further income from offering this service.

The current trading hours are 7 am until 3 pm, Monday to Friday, at present the cafe is not open to the public Saturday and Sunday but is used for special bookings and to prepare the food for the out catering functions when booked. The Cafe part could be opened as an extra income option to take advantage of the busy passing weekend traffic including the tourists visiting the local tourist spots.

The current rent is $9,099 plus GST per year and the rental for the separate 2 bedroom accommodation up stairs is $210 per week. The current lease is due in 2013 with a right of renewal for a further 3 years and further to a new owner.

The weekly turnover last financial year averaged $2,600 per week with a split of one third from the cafe, two thirds from the out catering so more emphasis on the cafe part of the business will show good rewards the present owner believes.

This cafe is a very well-run business which has shown increased growth every year for the last four years and the owners believe it will show the same growth this year so be in to ride the wave as the economy and summer take off this year.

Asking Price of $89,500 plus Stock.