Restaurant – Colombo Street, Christchurch

Restaurant – Colombo Street, Christchurch — Hospitality & Tourism · Christchurch · Asking $150,000 · Revenue $308,346 · SDE $131,384

Established restaurant with over 10 years of trading history on the Sydenham Colombo strip Healthy margins with occupancy costs around 15% of sales 30-seat dining setup with ample shared parking for dine-in and takeaway Strong reputation with 240+ Google reviews and a loyal following

DealProspect/Listings/Hospitality & Tourism

Restaurant – Colombo Street, Christchurch

Restaurant

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · NZD

Revenue

$308,346

TTM

Earnings

$131,384

Implied multiple

1.1×

asking / earnings

Brief

Established restaurant with over 10 years of trading history on the Sydenham Colombo strip
Healthy margins with occupancy costs around 15% of sales
30-seat dining setup with ample shared parking for dine-in and takeaway
Strong reputation with 240+ Google reviews and a loyal following

Restaurants in Canterbury

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Listed

+6 in 30 days

Median asking

$249K

15 priced

Median revenue

$781K

10 disclose

Earnings multiple

2.1×

76 listings

Time listed

64d

6 tracked

Price drops

in 30 days

Asking price spread15 of 21 state a price

This listing · $150K

53%

27%

13%

Under $100K$500K–$1M

Auckland 58 · Bay of Plenty 9

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Priced like this one

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