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Canterbury - Address withheld

Retail Food & Beverages
dollar

$189,000 Plus GST (if any)

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Business details

Listing # 6565775 | Listed on 21 May

Asking Price: $189,000 plus GST with 5K stock
Owner is selling due to a family move to Australia.

Seize the opportunity to own a fully renovated, high-performing café and restaurant located on bustling High Street in the heart of Rangiora, Christchurch.

By day, it’s a popular café serving loyal locals daily. By night, it transforms into a vibrant bar and restaurant known for its welcoming atmosphere and stylish interior. With a strong reputation and consistent local following, it has proudly earned a “Recommended Restaurant” award on Restaurant Guru for two consecutive years.

Key Business Features:
• Sales revenue nearing $600K per year
• Rent & Outgoing is less than 70K per year
• Net profit of over $80K annually with no owner involvement required
• Fully renovated just 3 years ago – nothing to spend!
• Sale includes all equipment, furniture, and high-quality NZ-made chattels (valued over $260K).
• Spacious 180m² premises with seating for up to 80 guests – perfect for functions and parties.
• Commercial-grade kitchen with advanced equipment for smooth, efficient service.
• Staffed by a reliable team: 3 full-time and 3 part-time.
• Solid lease in place: 4+6+6 years starting 2022, next renewal July 2026.

With its prime location, strong revenue, and excellent reputation, this is a turnkey opportunity not to be missed. Ideal for an owner-operator or hospitality group ready to take over a well-established business with immediate returns.

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