Established Bar and Restaurant – Selwyn District

Established Bar and Restaurant – Selwyn District — Food & Beverage · Selwyn · Asking $295,000

Well-established, recently refurbished bar and restaurant in the fast-growing Selwyn district Loyal, repeat customer base with a strong community following Trades as a cafe and restaurant by day, and a bar and dining venue in the evening Operates under both an on-licence and an off-licence (bottle store), giving two complementary revenue streams Recently refurbished premises and equipment with…

DealProspect/Listings/Food & Beverage

Established Bar and Restaurant – Selwyn District

Restaurant

ActiveFood & BeverageCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$295,000

Disclosed · NZD

Revenue (est.)

~$1,064,598

Estimated · comparable listings of this type and size

Earnings (est.)

~$214,827

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established, recently refurbished bar and restaurant in the fast-growing Selwyn district
Loyal, repeat customer base with a strong community following
Trades as a cafe and restaurant by day, and a bar and dining venue in the evening
Operates under both an on-licence and an off-licence (bottle store), giving two complementary revenue streams
Recently refurbished premises and equipment with significant capital investment
Semi-managed operation with an experienced team of qualified duty managers and chefs in place

Restaurants in Canterbury

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Listed

+1 in 30 days

Median asking

$249K

15 priced

Median revenue

$781K

10 disclose

Earnings multiple

2.1×

76 listings

Price drops

in 30 days

Asking price spread15 of 21 state a price

This listing · $295K

53%

27%

13%

Under $100K$500K–$1M

New Zealand 120 · Auckland 58 · Bay of Plenty 9

Cafes 11 · Motels 11 · Automotive workshops 9

Priced like this one

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