About this Business for sale in Waimakariri

Freehold Going Concern: For Sale is the stunning historic building including the business 'The Ivory Bar', in the town centre of Rangiora.  

Standing proud in the Market Square, The Ivory bar (circa. 1925) has been lovingly restored by passionate owners with no expense spared. It now needs an experienced hospitality person/partnership/group to maximise the potential. 

  • Beautiful fit out – long L shaped mahogany bar perfect for casual drinking, comfortable restaurant area, private mezzanine space, north-facing bi-fold doors and bespoke lighting and decor creates a special ambience 
  • Only 25mins from Christchurch City, this would make an amazing venue for special events as well as catering for the demand of the local trade
  • Capacity inside 185, there is real demand for venues that hold over 100 people in the region 
  • Currently operating 4 days a week, this business has plenty of room for growth
  • Price includes quality chattels, fittings and fixtures, the business, land and building
  • The building renovation meets all council requirements (structural and otherwise) with appropriate sign off. Full documentation available. Grade 2 listed building. NBS 70%

This is a rare opportunity to own a unique and historically significant hospitality establishment. All the hard work has been done! 

Price reduced to $1,380,000 plus stock approx $20,000

To find out more, view https://www.youtube.com/watch?v=ScuHvN06tr8 or go to http://linkbusiness.co.nz/CS00695 and press the “Enquire Now” button to complete an online confidentiality agreement.

Sami Chesteron, 021 02978810,  sami.chesterton@linkbusiness.co.nz
 

***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.

#BuyBusiness #LINKHospitality #Cafe #Bar #HeritageBuilding 

 

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Listing: #CS00695
Price: $1,380,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Canterbury Region, Waimakariri
Food/Hospitality
*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.

*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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