Listing #:3260919495
Fast Paced and High Performing Restaurant
| Location: | Christchurch City, Canterbury |
|---|
Fast Paced and High Performing Restaurant, with a distinct point of difference.
Offered to the market for the very first time this fast paced and high performing eatery would have to sit firmly amongst some one of the city’s most popular and well-known restaurants. With a unique and unrivalled point of difference it has cemented its place on the Christchurch hospitality scene. Nominated for numerous awards the owner’s attention to detail have culminated in a truly stunning overall package.
Currently operating under a fully managed model costs are tight with rent sitting at 6.5% of turnover (2021 financial year) and a very attractive EBPIDT for the passive owners.
Situated in a well-known and extremely high profile CDB location with excellent lease terms and accessibility to parking, the premise has undergone extensive works to create this one-of-a-kind offering – no expense has been spared in the vendor’s quest for authenticity.
Despite the impressive books as they are increased profit potential with hands on owner involvement in the business would elevate this business to the next level.
Open for breakfast, lunch, dinner with scope to open 7 days a week there is further potential to increase what is already a high performing business.
Complete with an extensive high quality fit out with many tenants works, sound lease terms and tremendous IP this business is turnkey waiting for the new owner to reap the rewards of our vendors vision and hard work.
Other projects and commitments have dictated this genuine sale.
Being offered by way of confidential sale, please contact me for further details and the information pack.
Priced at $620,000 plus SAV and GST (if any)
Agency reference #: agentpoint-6626479
Offered to the market for the very first time this fast paced and high performing eatery would have to sit firmly amongst some one of the city’s most popular and well-known restaurants. With a unique and unrivalled point of difference it has cemented its place on the Christchurch hospitality scene. Nominated for numerous awards the owner’s attention to detail have culminated in a truly stunning overall package.
Currently operating under a fully managed model costs are tight with rent sitting at 6.5% of turnover (2021 financial year) and a very attractive EBPIDT for the passive owners.
Situated in a well-known and extremely high profile CDB location with excellent lease terms and accessibility to parking, the premise has undergone extensive works to create this one-of-a-kind offering – no expense has been spared in the vendor’s quest for authenticity.
Despite the impressive books as they are increased profit potential with hands on owner involvement in the business would elevate this business to the next level.
Open for breakfast, lunch, dinner with scope to open 7 days a week there is further potential to increase what is already a high performing business.
Complete with an extensive high quality fit out with many tenants works, sound lease terms and tremendous IP this business is turnkey waiting for the new owner to reap the rewards of our vendors vision and hard work.
Other projects and commitments have dictated this genuine sale.
Being offered by way of confidential sale, please contact me for further details and the information pack.
Priced at $620,000 plus SAV and GST (if any)
Agency reference #: agentpoint-6626479
Business buyer’s checklist
Asking price: $620,000
Listed: Mon 13 Sep, 10:28 am
Norman Engel
Savills
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Contact details
- (03) 9741188
- (027) 4767870
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Expires: Thu 25 Jul, 11:57 am
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