Established Evening Restaurant, Christchurch

Established Evening Restaurant, Christchurch — Food & Beverage · Christchurch · Asking $395,000 · 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

~$705,000

est. from headline + $310,000 plant · NZD

Revenue

$1,220,000

TTM

Earnings (est.)

~$230,092

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.1×

Assumed · estimated price ÷ estimated earnings (as advertised)

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

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