Established Hospitality Business - Christchurch
South Island
$395,000
Key Features
AI generated. Contact seller to confirm.
- Average annual turnover approximately $1.22 million
- Strong 63% gross profit
- Quality post-earthquake fit-out valued $594,000
- Plant and equipment depreciated value exceeding $310,000
- Customer database over 13,000 patrons
- Open evenings from 5pm seven days per week
- Turnover: $1.22 million
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: More than 40 years
Business Details
Business Category Restaurant
Opportunities to acquire a business of this calibre are rare.
After more than 40 years of successful trading, this long-established Hospitality Venue is being offered to the market as its owners prepare for retirement.
Built on exceptional food, loyal customers and an enviable reputation, the business has become a well-established part of Christchurch's hospitality scene. It offers immediate cash flow, proven systems and an experienced operation that has stood the test of time.
Business Highlights:
• Average annual turnover of approximately $1.22 million (last four years)
• Strong 63% gross profit
• Quality post-earthquake fit-out valued at approximately $594,000
• Plant and equipment with a depreciated value exceeding $310,000 (FY2025)
• Customer database of more than 13,000 patrons
• Open evenings only from 5.00 pm, seven days per week
The restaurant enjoys an exceptionally loyal customer base, with repeat patronage forming the foundation of its continued success. Supported by experienced staff, established operating systems and a reputation built over four decades, it offers an incoming owner the opportunity to step into a profitable, well-managed business from day one.
Whether you are an experienced hospitality operator, chef, family business or investor seeking a quality hospitality opportunity, this business deserves your attention.
The vendors are genuine in their intention to retire and invite all serious enquiries.
Asking Price: $395,000 Plus stock
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3945 and submit the online Confidentiality Agreement. Once Doug receives your expression of interest, he will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2026.
Property Code: 3945
After more than 40 years of successful trading, this long-established Hospitality Venue is being offered to the market as its owners prepare for retirement.
Built on exceptional food, loyal customers and an enviable reputation, the business has become a well-established part of Christchurch's hospitality scene. It offers immediate cash flow, proven systems and an experienced operation that has stood the test of time.
Business Highlights:
• Average annual turnover of approximately $1.22 million (last four years)
• Strong 63% gross profit
• Quality post-earthquake fit-out valued at approximately $594,000
• Plant and equipment with a depreciated value exceeding $310,000 (FY2025)
• Customer database of more than 13,000 patrons
• Open evenings only from 5.00 pm, seven days per week
The restaurant enjoys an exceptionally loyal customer base, with repeat patronage forming the foundation of its continued success. Supported by experienced staff, established operating systems and a reputation built over four decades, it offers an incoming owner the opportunity to step into a profitable, well-managed business from day one.
Whether you are an experienced hospitality operator, chef, family business or investor seeking a quality hospitality opportunity, this business deserves your attention.
The vendors are genuine in their intention to retire and invite all serious enquiries.
Asking Price: $395,000 Plus stock
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3945 and submit the online Confidentiality Agreement. Once Doug receives your expression of interest, he will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2026.
Property Code: 3945
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This business is somewhat unique and has no similar competition in this region, category or price bracket.