Restaurant & Bar, Hanmer Springs
Restaurant
ActiveHospitality & TourismCanterburyB2C
Asking price
$249,999+
Disclosed · NZD
Revenue (est.)
~$661,023
Estimated · comparable listings of this type and size
Earnings (est.)
~$161,290
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Highly regarded restaurant and bar on the main avenue in Hanmer Springs, in a character-filled building with a long lease to 2035
- Mostly staff-managed, trading only in the evenings, with an award-winning chef in place
- High average spend per person and consistent returns from a loyal local and visitor customer base
- Striking indoor and outdoor seating, well-equipped kitchen and good car parking
- Hanmer Springs attracts upwards of 500,000 local and international visitors each year
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