Asian Restaurant — Rolleston, Christchurch

Asian Restaurant — Rolleston, Christchurch — Hospitality & Tourism · Rolleston · Asking $696,000 · Revenue $1,365,589 · Net Profit $300,000

Established Asian restaurant in Rolleston, Christchurch, trading for 9 years Fully managed operation allowing an easy transition for a new owner Loyal, stable customer base with consistent repeat trade Spacious 93sqm dining area seating 40 guests, with convenient customer parking Low rent relative to turnover, supporting strong profitability

DealProspect/Listings/Hospitality & Tourism

Asian Restaurant — Rolleston, Christchurch

Restaurant

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$696,000

Disclosed · NZD

Revenue

$1,365,589

TTM

Net Profit

$300,000

Implied multiple

2.3×

asking / earnings

Brief

Established Asian restaurant in Rolleston, Christchurch, trading for 9 years
Fully managed operation allowing an easy transition for a new owner
Loyal, stable customer base with consistent repeat trade
Spacious 93sqm dining area seating 40 guests, with convenient customer parking
Low rent relative to turnover, supporting strong profitability

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 · $696K

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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