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DealProspect/Listings/Food & Beverage

Hotel Restaurant & Cafe, Christchurch CBD

Restaurant

ActiveFood & BeverageCanterburyB2B & B2C
Asking price
$249,000
Disclosed · NZD
Revenue
$600,000
TTM
Earnings (est.)
~$117,240
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Spire Restaurant Café in the lobby of Wyndham Garden Christchurch, a prime CBD location
  • Built-in customer base of 100 hotel rooms plus consistent breakfast, lunch and dinner trade
  • Additional walk-in traffic near the Christchurch Conference Centre and Casino
  • 48sqm of events space for meetings and conferences with exceptional design
  • Clear scope to refine the menu and extend hours; suits an experienced operator; stock at valuation