Link Business
*** SOLD ***

Bistro/Bar Price Reduced. Less Than Asset Value.

Listing: #CS00486
price

$175,000

Profit

Refer to Broker

industry

Christchurch

Industry

Food / Hospitality


Sami Chesterton

Broker | Christchurch & South Island

Sami Chesterton

sami.chesterton@linkbusiness.co.nz

+64 3 366 3394

+64 21 02978810

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Christchurch

Bistro/Bar Price Reduced. Less Than Asset Value.

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.

Christchurch & South Island
sami.chesterton@linkbusiness.co.nz
+64 3 366 3394
+64 21 02978810

Sami Chesterton

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.