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DealProspect/Listings/Food & Beverage

Award-Winning Bistro, Timaru

Restaurant

ActiveFood & BeverageCanterburyB2C
Asking price
~$350,460
est. from comparable listings of this type and size · typically within ±30% · NZD
Revenue (est.)
~$937,500
Estimated · comparable listings of this type and size
EBITDA
$180,000
Implied multiple (assumed)
~1.9×
Assumed · comparable listings of this type and size · typically within ±30%
Brief
  • Acclaimed, well-regarded bistro in Timaru's historic CBD with strong, consistent cashflow and a brunch/lunch/dinner menu with European flair (B2C).
  • On the doorstep of a $50 million Heritage Hub (museum and theatre) under construction, set to drive significant foot traffic.
  • EBITDA of $180,000 plus owner wages; established 14 years with a strong local following and consistent repeat trade.
  • Open only 40 weeks a year, leaving upside through longer hours; price on application.