Bar with 18-Gaming Machine
Business Overview:
This is an exciting opportunity to acquire a renowned Restaurant & Bar in the heart of Addington, Christchurch. The sale is structured as an asset sale with a lease transfer, and no full financial will be provided as part of this sale process.
* Tangible Assets: $173,394 based on the 2024 depreciation schedule
* Stock: $8,000
* Any offer can be considered （ put your offer today, getting this opportunity)
* Full liquor license ：On License Hours: 8am-11pm Off License Hours: 10am-10pm
The Venue Features:
* 18-Gaming Machine Venue: A thriving bar and eatery, combining craft beer, pub cuisine, and live entertainment.
* Prime Location: Situated in the heart of Addington, Christchurch, attracting both locals and visitors.
* Craft Beer Selection: Extensive range of carefully curated craft beers, appealing to beer enthusiasts.
* Delicious Pub Cuisine: The kitchen offers a variety of pub dishes, using fresh and locally sourced ingredients.
* Live Entertainment: Weekly live music performances on Fridays and Saturdays, drawing a lively crowd.
* Special Events: Hosts quiz nights every Thursday and open mic on Wednesdays, engaging a diverse audience.
* Key Collaborations: The venue is the base for the Canterbury Blues Club and recently hosted the Foo Fighters pre-show party in collaboration with MediaWorks.
* Newly installed carpet and freshpaintwork,enhancing the overall appeal and ambiance of the establishment.
* Annual rent of $115,029, providing around 300sqm for such a prime location.
* Nine parking spaces, leased at $8,775 annually, adding convenience for patrons.
This Restaurant & Bar is well-established, offering an exceptional combination of craft beers, gourmet pub food, and live entertainment. With its prime location in Addington and recent upgrades, it presents a unique chance for a new owner to step in and build on its existing success.
Contact Smina now to learn more!
Smina He, 0276 588 589,[email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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Ref: CS00927
Timestamp: 20241202091503
