Highway Cafe in Athol, FHGC for Sale
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| Property ID: | THL17-1055 |
| Property Type: | Cafes |
| Sale Type: | Freehold Going Concern |
| Region: | Southland |
| Address: | No4 Athol/Five Rivers Highway |
| Price: | POA |
Tourism & Hospitality Business Broker
| Phone: | 0800744572 |
| Mobile: | 021 443 973 |
| Email: | phil@tourismproperties.com |
Cafe for sale
Here is your opportunity to purchase this FHGC business just before the next anticipated Goldrush or should that be Cyclist Rush.
In late 2010 it is anticipated that the new "Round the Mountain Cycleway" will open. This new Cycleway, part of the New Zealand Governmants plans for a National Cycleway, will result in thousands of cyclists and walkers annually, travelling from Walter Peak (near Quenstown) to Kingston via Lake Mavora, Mossburn, Five Rivers Athol and Garston, with the main overnight stopovers scheduled to be at Lake Mavora, Mossburn, Athol and Garston.
It is anticipated that up to 150 beds will be needed in this area to accommodate the thousands of cyclists and walkers. This in itself presents a new opportunity to the owners as there is plenty of land available to build visitor accommodation on site. The Highway Cafe is ideally located to take advantage of the opportunities that will be presented by the new cycleway.
The business has continued to increase its annual turnover since 2003 and is poised to take advantage of the new opportunities that will come its way when the new cycleway opens to the public. It is located on a busy highway and is a popular stop off for the many visitors travelling heading between Te Anau/Milford Sound and Queenstown.
Current Income Streams:
- Licensed Cafe & Bar (On License).
- Bottle Store (Off License).
- Convenience Store.
- Fast Food Takeaway's.
- NZ Postal Services (Postal Box Contract).
Great hospitality opportunity!
For more information on this business please contact Tourism & Hospitality Business Broker, Phil Agent 021 433973 or 0800744572 email phil@tourismproperties.com
Athol is a small town in Northern Southland. It is located approximately 55 km south of Queenstown, half way between Lumsden and Kingston. The name of Athol is either after Harry Athol, the owner of the township's first public house, or after Athol Pertshire, Scotland, the home town of early local landowner W.B. Rogers.
The altitude of Athol is about 329 meters. There are about 70 people within a 7 km radius of Athol.
