Noodle House - Riccarton Road, Christchurch

Noodle House - Riccarton Road, Christchurch — Food & Beverage · Christchurch

Hospitality site on Riccarton Road, a short distance from Westfield Riccarton Recently renovated premises with a fully equipped commercial kitchen Rent is described as low for the location Format suits noodles, Asian cuisine, takeaway or casual dining, or a change of concept The broker states no financial reports are available for the business Vendor is selling for personal reasons and wants a…

DealProspect/Listings/Food & Beverage

Noodle House - Riccarton Road, Christchurch

Restaurant

ActiveFood & BeverageCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

N/A

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

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Brief

Hospitality site on Riccarton Road, a short distance from Westfield Riccarton
Recently renovated premises with a fully equipped commercial kitchen
Rent is described as low for the location
Format suits noodles, Asian cuisine, takeaway or casual dining, or a change of concept
The broker states no financial reports are available for the business
Vendor is selling for personal reasons and wants a quick settlement; offers invited

Restaurants in Canterbury

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Listed

+1 in 30 days

Median asking

$195K

9 priced

Median revenue

$834K

5 disclose

Earnings multiple

2.1×

64 listings

Price drops

in 30 days

Asking price spread9 of 14 state a price

11%

56%

22%

11%

Under $100K$500K–$1M

New Zealand 105 · Auckland 54 · Otago 8

Motels 9

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