Listing #:1688725541

Fabulous Lifestyle Opportunity In Rarotonga South Pacific Paradise For Sale

Reputable Resort Restaurant for Sale
Location: Auckland City, Auckland
RAROTONGA - Amazing opportunity to acquire a REPUTABLE RESTAURANT in a leading 4-star beachfront resort on the idyllic sunset coast of RAROTONGA - an idyllic South Pacific Paradise of untouched charm & beauty only a short flight from New Zealand or Australia.

Cook Islands offers an attractive quality lifestyle, secure & safe environment, stable economy, all-year round warm climate, and a thriving tourism industry with record visitor numbers reached in 2017.

This reputable restaurant is beautifully positioned within a wonderful picturesque 4-star beachfront resort of 35 suites & studios and magnificent tropical gardens of exotic flowers & plants and is the hub of the resort. A charming and spacious open-air restaurant, bar & lounge area with undercover seating for 78 persons or more. The location is in Arorangi, a highly sought-after waterfront area of Rarotonga known for its pristine white sandy beaches & striking sunsets!

Sold with its current 3-year lease with right to renew for 3-further yrs. Open all day and featuring creative Pacific Rim cuisine using the best sourced available on the island. An idyllic spot to relax & enjoy the sunset with a tropical cocktail or cool drink, live music and warm sea breezes while seated in the lounge bar area with beautiful swimming pool backdrop. Happy hour cocktails are offered daily from 4pm to 6pm along with special dinner menus on Tuesday, Thursday and Saturday nights with live entertainment. Huge potential exists for growth and to further expand services & increase revenue.

Currently ranked #3 out of #8 restaurants in the area of Arorangi by TripAdvisor travellers, this restaurant has a solid reputation for helpful & friendly service, quality food, value and lovely atmosphere.

An essential component of the restaurant's success is its excellent management system and strong staff level.

Listing price is NZ$335,000 + 15%vat (reclaimable) + stock at value. Sold with full liquour licence, furniture, fittings & equip, 1x vehicle and 1x motor scooter.

Agency reference #: JT010
Asking price: $335,000
Listed: Thu 5 Jul, 1:02 pm
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Member since Aug 2010

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