Waterfront Bar & Restaurant, Akaroa

Waterfront Bar & Restaurant, Akaroa — Food & Beverage · Akaroa · Asking Price by Negotiation

Impressive waterfront position on Beach Road with a strong trading history and sensational sea views. Nautically themed bar and restaurant, well known and enjoyed by locals and visitors alike, popular with groups and special occasions. Open seven days from breakfast through to evening dining, with seating for up to 140 patrons. High standard of presentation with proven systems and processes in…

DealProspect/Listings/Food & Beverage

Waterfront Bar & Restaurant, Akaroa

Restaurant

ActiveFood & BeverageCanterburyB2C

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Asking price

Price by Negotiation

Disclosed · NZD

Revenue

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Earnings

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Implied multiple

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Brief

Impressive waterfront position on Beach Road with a strong trading history and sensational sea views.
Nautically themed bar and restaurant, well known and enjoyed by locals and visitors alike, popular with groups and special occasions.
Open seven days from breakfast through to evening dining, with seating for up to 140 patrons.
High standard of presentation with proven systems and processes in place for an easy transition to a new owner.
Staff accommodation solution available if required, plus set-up for the prime summer trading season.
Owners selling after 21 years in the business.

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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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