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DealProspect/Listings/Food & Beverage

Hotel Restaurant & Cafe, Christchurch CBD

Restaurant

ActiveFood & BeverageCanterburyB2B & B2C
Asking price
$249,000 + stock
Disclosed · NZD
Revenue
$600,000
TTM
Earnings (est.)
~$144,047
Estimated · comparable listings of this type and size · typically within ±20%
Implied multiple
n/a
Stock is extra · value not stated

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
Listed
13
+1 in 30 days
Median asking
$249K
9 priced
Median revenue
$798K
5 disclose
Earnings multiple
2×
63 listings
Time listed
80d
5 tracked
Asking price spread9 of 13 state a price
This listing · $249K
11%
44%
33%
11%
Under $100K$500K–$1M

New Zealand 106 · Auckland 59

Motels 9

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