Christchurch Restaurant – Now $319,000!
South Island
$319,000
Key Features
AI generated. Contact seller to confirm.
- Substantial post-earthquake fit-out originally valued at approximately $594,000
- Plant and equipment depreciated value exceeding $310,000 in FY2025
- Established customer database exceeding 13,000 patrons
- Licensed premises
- Open seven days weekly from 5pm
- Existing systems, experienced staff and loyal customer following
- Turnover: $Approximately $1.22 million average annual turnover over the past four years
- Stock Value: Included
- Established: More than 40 years in business
Business Details
Business Category Restaurant
40+ YEARS OF TRADING HISTORY – ICONIC BRAND
Here is an opportunity to acquire a long-established Christchurch restaurant at a substantially reduced asking price. After more than 40 years in business, the owners are preparing for retirement and invite genuine enquiries and offers.
With an established reputation, loyal customers and a substantial fit-out, this business offers an incoming owner the opportunity to take over an existing operation rather than start from scratch.
BUSINESS HIGHLIGHTS
- Average annual turnover of approximately $1.22 million over the past four years.
- Strong gross profit margin of 63%.
- Substantial post-earthquake fit-out originally valued at approximately $594,000.
- Plant and equipment with a depreciated value exceeding $310,000 (FY2025).
- Established customer database of more than 13,000 patrons.
- Licensed Premises.
- Open seven days a week from 5pm.
A COMPELLING NEW PRICE
The asking price has been reduced from $395,000 to just $319,000, and includes stock.
For an experienced hospitality operator, chef or entrepreneurial buyer, this is an opportunity to acquire an established restaurant with a long trading history, existing systems, experienced staff and a loyal customer following.
The vendors are genuine retirement sellers and encourage serious enquiries.
ASKING PRICE: $319,000
For further information, visit the Barker Business Brokerage website, search reference 3945, and complete the online Confidentiality Agreement.
Information supplied by the business owner
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2026
Property Code: 3945
Here is an opportunity to acquire a long-established Christchurch restaurant at a substantially reduced asking price. After more than 40 years in business, the owners are preparing for retirement and invite genuine enquiries and offers.
With an established reputation, loyal customers and a substantial fit-out, this business offers an incoming owner the opportunity to take over an existing operation rather than start from scratch.
BUSINESS HIGHLIGHTS
- Average annual turnover of approximately $1.22 million over the past four years.
- Strong gross profit margin of 63%.
- Substantial post-earthquake fit-out originally valued at approximately $594,000.
- Plant and equipment with a depreciated value exceeding $310,000 (FY2025).
- Established customer database of more than 13,000 patrons.
- Licensed Premises.
- Open seven days a week from 5pm.
A COMPELLING NEW PRICE
The asking price has been reduced from $395,000 to just $319,000, and includes stock.
For an experienced hospitality operator, chef or entrepreneurial buyer, this is an opportunity to acquire an established restaurant with a long trading history, existing systems, experienced staff and a loyal customer following.
The vendors are genuine retirement sellers and encourage serious enquiries.
ASKING PRICE: $319,000
For further information, visit the Barker Business Brokerage website, search reference 3945, and complete the online Confidentiality Agreement.
Information supplied by the business owner
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2026
Property Code: 3945
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Restaurant