Westport, South Island
Donaldo’s Café & Beach Bar, Carters Beach, Westport, For Sale
NZD $1,390,000
Business Description
This could be a lifestyle business with a beachfront lifestyle with good income or an investment opportunity where there is a lease back option of the business and the house. In whichever way you look at it, this a business that turns over close to $1,000,000 per Annum and it offers you a very healthy return on investment. This is the first time in 15 years where you can grab the opportunity to own this fantastic hospitality business as a Freehold Going Concern.
BUSINESS
- A multi purpose business in Carters beach, this includes Restaurant/Bar, Café, Bakery and Dairy
- Busy with both the local and tourist market
- The turnover and profitability is similar in pre COVID and also during these times
- A Fantastic turnover business great net profits and various revenue sources
- This is a great business with the new coastal bike trail not far of finishing past the front door
- Heaps of opportunity to expand and yield further
- Great staff with long years of loyal service to the business
HOUSE
- With the business comes a recently renovated 5 bedroom home
- The home is private with a separate entrance while located on the same block as the café for operational convenience
- The current owners managed this business for 15 years and this house was home to a family of 5
- There is also a potential where the residence and the business can be separated into two titles (we recommend that you obtain technical advice on this possibility)
LOCATION
Carters Beach is a suburb of Westport on the West Coast of New Zealand’s South Island. Located 6 kilometres south of Westport on State Highway 67A, it offers a pristine sheltered sandy beach on the West Coast suitable for swimming. The park is already seeing an increase in bookings due to the new cycle trail that goes right in front of the Holiday Park.
For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Dilan De Silva, on ---------- or email ---------- .
Business Summary
Key Investment Insights
1. Multi-purpose business with multiple revenue streams including restaurant/bar, café, bakery, and dairy.
2. Strong local and tourist market with consistent turnover and profitability, even during COVID-19.
3. Located on the popular coastal bike trail, providing potential for further growth and expansion.
4. Comes with a recently renovated 5-bedroom home, providing a convenient and private residence for owners.
5. Potential for the residence and business to be separated into two titles.
6. Located in Carters Beach, a popular suburb of Westport known for its pristine sandy beach and sheltered waters.
7. Increase in bookings expected due to the new cycle trail passing in front of the Holiday Park.
8. Experienced and loyal staff with long years of service.
9. Freehold Going Concern opportunity, offering a healthy return on investment.
10. First time on the market in 15 years, providing a rare opportunity for ownership.
