Price
$1,500,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Canterbury Region, Christchurch
Category
Food/Hospitality, Cafe Restaurant
Listing #
CS00869
Are you on the hunt for an industry leading, iconic Christchurch hospitality business that has stolen the heart of Cantabrians and tourists alike? This is it…
Drexel’s is now on the market for sale!
Since 1986, this American Diner style breakfast restaurant has cultivated an exceptional reputation and built a large and loyal customer base, captivating generations of Cantabrian’s.
Drexel’s is extremely busy, and with 2023 annual sales over $3 million (inclus. gst) and eye watering profits, it represents a rare opportunity for the right buyer. Drexel’s also boasts a strong marketing strategy and a remarkable 8.4K follower base, a testament to the business's ongoing success.
Averaging weekly sales of $58.5K, Drexel’s offers potential for further expansion under the leadership of an ambitious new owner.
Why buy this business:
This exceptional investment opportunity is ideally suited for an individual or partnership possessing experience in the hospitality industry, or for investors looking to diversify their portfolio.
It has been in the same hands for 23 years and served the owners exceptionally well, but it is now time to hand it over to a lucky new owner, don’t delay, enquire now.
Sami Chesterton, 021 0297 8810, [email protected]
***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.
#wesellbusinesses #hospitality
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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