Cafe Opportunity, Christchurch

Cafe Opportunity, Christchurch — Hospitality & Tourism · Christchurch · Asking $88,000

Established cafe site in a busy Christchurch school-zone location near a local high school Over 20 years of trading history at the site Approximately 100 to 120 sqm premises with weekly rent of around $860 Strong exposure to student traffic, local residents and passing trade Asset and lease sale only, with no financial reports provided Scope to refresh, rebrand or reposition with a new food and…

DealProspect/Listings/Hospitality & Tourism

Cafe Opportunity, Christchurch

Cafe

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$88,000

Disclosed · NZD

Revenue (est.)

~$242,491

Estimated · comparable listings of this type and size

Earnings (est.)

~$43,173

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Established cafe site in a busy Christchurch school-zone location near a local high school
Over 20 years of trading history at the site
Approximately 100 to 120 sqm premises with weekly rent of around $860
Strong exposure to student traffic, local residents and passing trade
Asset and lease sale only, with no financial reports provided
Scope to refresh, rebrand or reposition with a new food and beverage concept

More hospitality & tourism businesses for sale

Cafes for sale in Canterbury (8) →