Award-Winning Bistro, Timaru

Award-Winning Bistro, Timaru — Food & Beverage · Timaru · Asking Price on Application · EBITDA $180,000

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…

DealProspect/Listings/Food & Beverage

Award-Winning Bistro, Timaru

Restaurant

ActiveFood & BeverageCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

~$412,596

est. from comparable listings of this type and size · typically within ±30% · NZD

Revenue (est.)

~$922,604

Estimated · comparable listings of this type and size · typically within ±25%

EBITDA

$180,000

Implied multiple (assumed)

~2.3×

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.

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

11%

44%

33%

11%

Under $100K$500K–$1M

New Zealand 106 · Auckland 59

Motels 9

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