Established Evening Restaurant, Christchurch

Established Evening Restaurant, Christchurch — Food & Beverage · Christchurch · Asking $395,000 Plus stock · Revenue $1,220,000

Long-established Christchurch hospitality venue trading for more than 40 years Built on quality food, a loyal customer base and an enviable local reputation Customer database of more than 13,000 patrons Quality post-earthquake fit-out and well-maintained plant and equipment Open evenings only from 5pm, seven days a week Offered as the owners prepare for retirement

DealProspect/Listings/Food & Beverage

Established Evening Restaurant, Christchurch

Restaurant

ActiveFood & BeverageCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$395,000 + stock

Disclosed · NZD

Revenue

$1,220,000

TTM

Earnings (est.)

~$245,515

Estimated · comparable listings of this type and size · typically within ±20%

Implied multiple

n/a

Stock is extra · value not stated

Brief

Long-established Christchurch hospitality venue trading for more than 40 years
Built on quality food, a loyal customer base and an enviable local reputation
Customer database of more than 13,000 patrons
Quality post-earthquake fit-out and well-maintained plant and equipment
Open evenings only from 5pm, seven days a week
Offered as the owners prepare for retirement

Restaurants in Canterbury

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Listed

+1 in 30 days

Median asking

$249K

9 priced

Median revenue

$798K

5 disclose

Earnings multiple

2×

63 listings

Time listed

80d

5 tracked

Asking price spread9 of 13 state a price

This listing · $395K

11%

44%

33%

11%

Under $100K$500K–$1M

New Zealand 106 · Auckland 59

Motels 9

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