Potential plus in Central Otago

Retirement is beckoning for the owners of Trundles on Teviot, so this Central Otago cafe/restaurant is now on the market for new owners to realise the potential on offer here. Located in the centre of Roxburgh township on the main road from Dunedin to Queenstown, the restaurant is a favourite for locals as well as those passing through looking for a midway stop for a casual bite to eat and a drink - don't take our word for it though, a Google search shows great reviews over a wide range of websites.
With a lease running until 31 August 2033, there is plenty of time for new owners to reap the rewards of any future enhancements to the business. The popularity of the Roxburgh Gorge and Clutha Gold Cycle and Walking Trails with both New Zealand and overseas tourists provides great future prospects. Buses also stop regularly outside.
The restaurant has the added advantage of offering 3 separate dining spaces, currently set up as a main dining room, a lounge room and a private dining space for small groups. The current owners have a full-on and off-license so diners can enjoy a drink with their meal and buy a bottle to takeaway. The main dining room has a bar, coffee station and cabinet food display. The kitchen is spacious and well laid out and has a servery easily accessible to all three rooms. There is plenty of scope for the new owners to make improvements to the business, which is currently open five days a week, Friday and Saturday nights for evening meals, with group bookings taken for other nights on request as well as several functions and advance bookings throughout the year, both a la carte and buffet style for cycling tourists and other groups. Over the busy summer season, opening more nights for evening meals would undoubtedly increase the revenue stream.
The business is being sold for $150,000 which includes plant, machinery & stock (plus GST if any). Chattel list and financial information can be provided on request.
Talk to us now for further information or to arrange a viewing.

Agency reference #: 4521129