Revenue $1M+, Busy Food Bar, Fully Managed

Price

$235,000

Profit *

Refer to Broker

Sales Revenue

$1,038,000

Location

Canterbury Region, Christchurch

Category

Food/Hospitality

Listing #

CS00781

Christchurch Food/Hospitality Business for Sale
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Christchurch Food/Hospitality Business for Sale
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About this business for sale in Canterbury Region, Christchurch

Classic Food Bar with Food Truck for Sale: This Is a Beauty!

Centennial Food Bar is a popular stop off for locals, Tradies' and truck drivers on the busy Main North Road between Christchurch and Kaiapoi and it's now on the market for the first time in 15years! This has been fully managed for a number of years and would do well with an owner-operator…

  • Average revenue over $1M ex gst year on year
  • Regular customer base with multiple visits in a day due to ease of parking and location
  • Earnings to a full time, working owner over $130,000 circa
  • Opportunity to expand on the offerings, currently standard fare but could introduce more product lines
  • Food Truck also part of the sale and has a regular run around key businesses in the nearby light industrial area
  • This is a simple to run operation and has room for growth – awesome for a family/partnership as there is also a 3 bedroom apartment currently available above the food bar (subject to availability at the time of your inquiry)

Motivated vendors, call me for more information.  
 

***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.

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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.

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