Unmissable Hospitality Opportunity in Christchurch CBD

A rare opportunity to acquire a fully operational, 70-seat licensed hospitality venue in the heart of Christchurch’s busiest dining and entertainment precinct.

BUSINESS OVERVIEW
Located directly across from Christchurch Casino, Eleven is a well-established cocktail bar and restaurant with a unique value-driven model: 80% of the menu is priced at just $11. This pricing strategy drives high volume while keeping food costs and wastage low. With lean operations, efficient systems, and low staffing needs, it’s an ideal opportunity for both experienced operators and first-time buyers.

KEY FEATURES
70-seat capacity with an efficient, modern layout

Quality chattels valued at approx. $350,000

Tavern licence valid until 25 August 2027 (11am–11pm, 7 days)

Food licence valid through 2026

Lease through 2035 with 3-year renewal terms

All-inclusive rent: $9,400/month (OPEX + GST included)

650–750 cocktails sold weekly; over 1,000 in summer

Integrated POS system with Android handheld ordering

Online booking & gift card functionality

Confirmed bookings for the next 3 months

Low-complexity kitchen and staffing structure

Fitted for a coffee machine – ready for daytime café service

Optional team: 1 FT manager, 1 PT bartender, 2 casual waitstaff

Customer database of 1,000+ contacts

4,000+ followers on Instagram

Supportive, professional landlord

EXPANSION POTENTIAL
Add daytime café service for local professionals

Host private functions and corporate events

Scale the concept to additional locations

FLEXIBLE PAYMENT OPTION
A 3-part payment option may be considered at the seller’s discretion, following a meeting and review of the buyer’s financials.

WHY ELEVEN?
With a smart business model, strong branding, and a prime location, Eleven is a turnkey operation with proven traction and real growth potential.

Located Directly across from Christchurch Casino on Victoria Street

Financials available upon viewing and discussion with the owner