Bistro/Bar Price Reduced. Less Than Asset Value.

Price

$175,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Canterbury Region, Christchurch

Category

Food/Hospitality

Listing #

CS00486

Christchurch Food/Hospitality Business for Sale

About this business for sale in Canterbury Region, Christchurch

Price reduced to $175,000. 

Current asset value $180,000 – original fit out over $500,000.

Fantastic location: close to new convention centre – on main high street in and out of the city centre.

Bistro/bar easy to adapt to new client market soon to be in the city  – corporate market  will appreciate this high quality fit out and relaxed atmosphere. Easy transition to daytime cafe/bistro to bar. 

5min stroll to the city. Many new hotels/accommodation are either under construction or have been built near by. 

  • Very little competition 
  • Currently underperforming but with minimal changes could maximise on the growing tourist and corp. market and still meet the needs of local clientele
  • Opportunity to re-brand
  • High quality commercial equipment and fit out
  • Currently closed Saturday and Sunday lunch so further room for growth with tourists/corporate market heading our way in 2020

Owners instruction is clear, 'bring me offers'!

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Finance

Need help with finance?

Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.