Superstar Pub/Eatery with Gaming

Price

$730,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Canterbury Region, Christchurch

Category

Food/Hospitality

Listing #

CS00736

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

The Phat Duck Brew Bar and Kitchen. location – Ashburton SH1, is on the market for the first time in 16yrs! 

Trading has been strong with revenue over $1.8M last financial year and earnings to a working owner of over $230,000.

FEATURES:

  • TAB and 7 gaming machines
  • Large TV screens in bar area sky sports and live entertainment 
  • DB supply agreement in place with 2 years to run
  • Top notch fit out and superbly presented

 

So much to love about this awesome hospitality business;

  • Great location, on SH1 as you enter/leave Ashburton with easy access to large car park
  • Seating for over 170 inside and out
  • 2 separate landscaped outdoor areas that are packed in the summer and lead directly in to the bar/restaurant area  
  • Extremely well equipped commercial kitchen with storage, chillers and separate prep area
  • All maintained to a very high standard
  • Rebranded to The Phat Duck four years ago, the fit out is modern and fresh and perfectly meets the needs of locals meeting to watch the sport, and families to meet and enjoy the delicious food and outside dining area. Equally, travelers enjoy the easy access and friendly vibe
  • Large pub/eateries like this are like hens teeth and profitable large pubs in a great location, with parking and easy access, are even more rare!

 

Act Now…this is a very good business.

Priced to sell: $730,000 plus stock $20,000

 

***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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