Listing #:5873342823

Profitable, Established Bistro

Award Winning Hospitality
Location: Timaru, Canterbury
The Business

Established Bistro, Lifestyle & Cashflow, Have it All!

Asking Price: POA

This award-winning bistro delivers strong cashflow and a standout lifestyle opportunity with plenty of upside. Positioned in Timaru’s historic CBD and on the doorstep of a $50 million dollar Heritage Hub currently under construction including Museum & Theatre, this is a rare chance to own a high-performing hospitality business. Brunch, Lunch and dinner menu has a wide appeal with a European flare.

• Key Highlights:

Strong, consistent weekly sales year-round and only open 40 weeks of the year, means further upside potential with longer opening hours. EBITDA $180,000 plus owner wages.
Est. 14yrs - strong local following – loyal customer base and consistent repeat trade
Location – perfectly located near the new Heritage Hub opening next year set to drive significant foot traffic and growth in the historic CBD area.
Ample street parking
Award Winning Venue – recognised with accolades, respected and a true “go-to” destination
Work-Life Balance – 10 minutes to coast and hills, minimal commute = easy living and slower pace of life.

In addition:

• Comprehensive financial records – solid trading history with accounts and reports available.
• Skilled, reliable team – well-run operation with systems established
• Beautiful fit-out – stylish, modern and welcoming dining environment
• Great lease in place

The Buyer & Seller
This business will suit an owner-operator or hospitality professional seeking a balance of lifestyle and income. The current owners have built a highly respected and profitable bistro over 14 years and are now ready to pass the reins to a new owner to continue its success. Opportunities of this calibre — combining lifestyle, location and profitability — are rarely available.

This is your chance to have it all. Act now.

Total POA

Agency reference #: L001788
Price on application
Listed: Wed 8 Apr, 10:50 am
Sami Chesterton
Tabak Business Sales
  • Contact details
  •  (021) 02978810

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Agent's details

Sami Chesterton
  •  (021) 02978810
Tabak Business Sales

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