Established Moroccan Restaurant, Christchurch

Established Moroccan Restaurant, Christchurch — Food & Beverage · Christchurch · Asking $290,000 · Revenue $798,413 · SDE $157,842

Established Moroccan restaurant in a strong Christchurch location High natural foot traffic and ample customer parking Loyal local following with strong repeat custom Appeals to a broad, diverse customer base Trained and experienced staff already in place Established systems and operations, ready for a new owner from day one Further scope for growth and development

DealProspect/Listings/Food & Beverage

Established Moroccan Restaurant, Christchurch

Restaurant

ActiveFood & BeverageCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$290,000

Disclosed · NZD

Revenue

$798,413

TTM

Earnings

$157,842

Implied multiple

1.8×

asking / earnings

Brief

Established Moroccan restaurant in a strong Christchurch location
High natural foot traffic and ample customer parking
Loyal local following with strong repeat custom
Appeals to a broad, diverse customer base
Trained and experienced staff already in place
Established systems and operations, ready for a new owner from day one
Further scope for growth and development

Restaurants in Canterbury

Restaurants for sale in Canterbury (15) →

Listed

+2 in 30 days

Median asking

$222K

10 priced

Median revenue

$816K

6 disclose

Earnings multiple

2.1×

61 listings

Price drops

in 30 days

Asking price spread10 of 15 state a price

This listing · $290K

10%

50%

30%

10%

Under $100K$500K–$1M

New Zealand 104 · Auckland 53

Motels 9

Priced like this one

Restaurants for sale in Canterbury (15) →