Scarborough Fare Café & Ice Cream Shop for Sale Christchurch

Why buy this Scarborough Fare Café & Ice Cream Shop Business

Scarborough Fare Café & Ice Cream Shop for Sale Christchurch

Scarborough Fare and Ice Cream Shop: A Rare and Historic Opportunity 

After nearly nine years, it’s time to pass on the baton. Scarborough Fare and Ice Cream Shop are now for sale, offering the new owner a chance to be part of New Zealand’s rich hospitality history

Opportunities like this don’t come around often – secure your part of history today and don’t miss out on owning something truly unique 

Current turnover is made during datetime opening hours 7am - 3.30pm with one late night. The potential buyer has the option to increase the turnover by taking advantage of the 7 day a week 8am - 11pm liquor license and operate an evening offering

Location Highlights 

• Prime Location
• Unmatched Views: Over Pegasus Bay, Kaikoura Mountains, and the Southern Alps
• Wildlife Sightings: Penguins, Hector’s dolphins, seals, surfers, and occasional Southern Right Whales with calves 
• Situated Within Scarborough Park 
• Adjacent to a popular children’s playground and paddling pool 
• Near the historic Sumner Clocktower 
• Te Ara Ihutai Christchurch Coastal Pathway Terminus
• Attracts walkers, joggers, and cyclists directly to the cafe

Rich History 

• Nearly 100 Years of Hospitality 
• Scarborough Park has hosted tea rooms, fine dining restaurants, and cafés since the 1930s
• Current Operations 
• Operating as a daytime licensed café with a longstanding community presence 

Ice Cream Shop Features 

• Product Offerings 
• 18 Flavors of Tip Top Scoop Ice Cream 
• Taylor Soft Serve Machine 
• Hamilton Beach 3-Head Milkshake Machine 
• Top 3 Tip Top Outlets by Volume in Canterbury
• Sales Volume: Up to 900 cones plus cold drinks and milkshakes on busy summer days
• Customer Convenience
• Seamless takeaway food and drinks service for beachgoers, including dog walkers, cyclists, skateboarders, surfers, swimmers, runners, and walkers 

Café and Seating Capacity 

• Indoor Seating: 53 patrons 
• Outdoor Seating: 63 patrons 
• Additional Seating: 25 picnic table seats outside the Ice Cream Shop for takeaway customers
• Customer Volume
• 1,000+ daily interactions on sunny weekends and holidays
• Peaks up to 1,800 interactions daily during peak summer holiday periods
• Unlimited Capacity: No limit to the number of customers served

Community and Events 

• Weekly Events
• Scarborough Dippers: 50+ cold-water dippers every Friday morning at 7 AM. 
• Scarborough Park Run: 100-200 runners every Saturday at 8 AM. 
• Annual/Seasonal Events
• Sea to Sky Triathlon 
• Single Fin Mingle Longboard Surfing Competition 
• VW Kombi and Beetle Meet-Ups: Cars park on the Esplanade in front of the café in July and December 
• Crater Rim Ultra (Running Event) 

Business Operations 

• Coffee Sales 
• Uses 40-50kg of Fairtrade, organic L’affare Gusto coffee beans weekly. 
• Turnover
• $1.8M (year ending March 2024, including GST)
• Projected $1.9M (year ending March 2025, including GST)
• Gross Profit Before Wages Margin: 74% 
• Operating Hours: 7 Days a Week 
• Monday-Thursday, Saturday, Sunday: 7 AM – 3:30 PM 
• Friday: 7 AM – 8 PM 
• Expansion Opportunities: Potential to extend evening hours and hold functions. 
• Licensing: 7 Days a Week 
• Alcohol License: 8 AM – 11 PM 

This business generate an EBITDA of a $335,000 per annum, or a surplus of around $485,000 to a working owner/s

Financials and Lease Details 

• Lease Information
• Owned by Christchurch City Council within public Scarborough Park
• Lease Term: Until October 2033 
• Rent: 8% of gross turnover
• Requirements: New owner must demonstrate a commitment to the community to secure the lease
• No Local Competition: Nearest café or ice cream shop is 1 km away 
• Organic Customer Flow, location alone drives customer traffic without the need for an advertising budget

Key Selling Points 

• No Competition in the vicinity
• High Coffee Usage: up to 50kg of Coffee weekly
• Top 3 Tip Top Ice Cream Sales in Canterbury 
• Strong Financials: Projected turnover of $1.9M (incl. GST) with a 74% margin
• Long-Term Lease: Secure until 2033
• Historic Legacy: Nearly 100 years of hospitality history at Scarborough Park 
• Unique Destination: Best beachside dining location in Canterbury with unparalleled views and community integration