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URGENT SALE, CRAZY PRICE: Famous HUHU Cafe in Waitomo Caves, New Zealand: Business for Sale

Click images to view slideshow including further images
 
 
 
 
Property ID: THL19-1027
Property Type: Bars, Restaurants, Cafes, Other Hospitality
Sale Type: Leasehold Interest (Business)
Region: Waikato
Address: Waitomo Caves Village
Price: BEST OFFER OVER NZ$60,000 +SAV +GST if any
Malcolm Teesdale
Tourism & Hospitality Business Broker
Phone: +64 (0)7 386 6214
Mobile: +64 (0)27 530 8738
Email: malcolm@tourismproperties.com

Melissa Teesdale
Tourism & Hospitality Business Broker
Phone: +64 (0)7 386 6214
Mobile: +64 (0)27 546 4466
Email: melissa@tourismproperties.com

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PROPERTY INFORMATION
PROPERTY INFORMATION

URGENT "FIRE SALE" -VENDOR NEEDS OUT NOW

  

Your chance to own a famous café/restaurant business.

  

Best Offer over $60,000 (+ SAV+GST if any) will buy!

 

HUHU Café has it all:

A  multi-award-winning licensed restaurant and café 

An architecturally-designed and purpose-built building

Excellent plant and fittings barely 2 years old

Fully developed and documented operating systems

Motivated, skilled and stable staff

Increasing turnover, currently in excess of $850,000 per annum 

The opportunity for new owners to pocket $100,000 in their first year

Significant opportunities to grow the business over the next few years

 

HUHU opened in August 2007.  Owners have a proven track record of establishing successful businesses and have applied the lessons learnt to HUHU Café. 
 
The café is located in the world-famous Waitomo Caves Village and enjoys a highly visible, dominant site. The unique building was architecturally designed and built in 2007, specifically as a restaurant. There is indoor seating for 60 people, with seating for a further 25 outside. 
 
There is off road car parking for 16 cars on site, and for a further 50 cars in the neighbouring park across the road. The site is extensively landscaped and efficiently laid out.
 
Also on the property are HUHU Store, a New Zealand-themed gift store, and Spellbound Glowworm Tours. Those businesses work well with the restaurant, with each providing customers to the others.
 
Next door is the Waitomo Top10 Holiday Park, and just across the road are two B&Bs, all of which rely on HUHU to cater for their guests.
 
The restaurant operates 7 days a week, normally from 10.30am to 9pm. 
 
The business is based on a comprehensive set of operating manuals and fully developed operating systems.  The exiting owners will also provide comprehensive training and backup to the new owners.
 
The lease gives security of tenure to 2021 with rental currently at some 5% of revenue.
 

HUHU café provides an excellent opportunity to acquire a turnkey restaurant operation at a silly price.

Be quick! Enquire now for an information package including full 2010 GST returns.


FEATURES
FEATURES

About Waitomo Caves

More than 30 million years after Waitomo first rose from the ocean floor, its unique underground limestone formations stand as one of New Zealand's most inspiring natural wonders and a must-see tourist destination.  

Just over two hours from the tourism gateway of Auckland, the Waitomo region is home to a collection of unforgettable sightseeing attractions, including Ruakuri Cave, Aranui Cave, the world famous Waitomo Glowworm Caves and Black Water Rafting. 

Waitomo Caves attracts over 500,000 visitors a year: and HUHU Café is the premier café/restaurant in the Village.

For full information on this tourist magnet,

 www.waitomo.com