Schnapps Bar, Freehold Going Concern


Findlay Street, National Park

Private Treaty

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Schnapps Bar, Freehold Going Concern | Findlay Street, National Park | 2900280 |      X Close
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Schnapps Bar, Freehold Going Concern


- Freehold going concern with 14 years of current ownership

- State Highway frontage near the junction of SH47 and SH4

- Limited competition with a captive year-round market

- Strong trading history and excellent cashflow, turnover has averaged over $160,000 per month for the last two and half years

Offered for sale after fourteen years under the current ownership, Schnapps Bar is a popular establishment in National Park. With limited local competition, it has provided excellent profitability plus rental returns for the current owner.

Situated on 4,338sqm (more or less) of commercially zoned land, the 490sqm main building comprises; the restaurant and bar, commercial kitchen and associated storage/chiller space, bottle store, and leased retail space to a local adventure and hire company. There is also a spacious alfresco dining area. On the first floor is a tidy three-bedroom apartment with renovated bathroom ideal for a manager/owner.

Built in the 1990s, the property is well maintained and with a recent paint refresh is ready for new ownership. An added feature is the on-site well patronised and challenging mini-golf course which provides entertainment for visitors and referral for food and beverage after their game.

This is a turnkey opportunity in the Ruapehu adventure region which is well known for its skiing and snowboarding as well as the Tongariro Alpine Crossing, mountain biking, and sightseeing in summer. Situated in the heart of the North Island it is a popular and frequent destination for visitors.

This is a diversified investment which provides going concern income from the bar and restaurant, wholesale alcohol sales, and mini golf course. There is also commercial lease income which alongside the going concern income provides an attractive proposition for potential purchasers.

For further information and to view the property, contact the sole agent.

For Sale by Deadline Private Treaty closing 4pm, Tuesday 8th December 2020 (unless sold prior)

Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

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Findlay Street, National Park

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Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

View profile