AD ID: 127891

Restaurant & Bar for Sale Christchurch Central

Location:
Asking:
$250,000
Turnover:
$452,000
Type:

Prime Christchurch CBD Bar & Restaurant – Fully Fitted & Operational

Why buy this Restaurant & Bar Business

Restaurant & Bar for Sale Christchurch Central

A rare opportunity to take over a fully operational and uniquely positioned hospitality business in the heart of Christchurch's busiest dining and entertainment precinct.

Eleven is a well-established cocktail bar & unrestaurant built on a powerful pricing concept — 80% of the menu is priced at just $11. This model drives high-volume sales while keeping food costs and wastage remarkably low. Located directly across from the Christchurch Casino, the venue benefits from exceptional visibility, heavy foot traffic, and a steady flow of both locals and visitors.


KEY FEATURES

  1. Fully fitted venue with quality chattels worth approx. $350,000
  2. Tavern license valid until 25 August 2027 (alcohol service 11:00am to 11:00pm, 7 days)
  3. Current food license valid through next year
  4. Exceptionally low rent: $9,400 per month all-inclusive (rent + OPEX + GST)
  5. Long lease secured through 2035, with 3-year renewal terms
  6. Easy-to-prepare menu with low operational complexity
  7. Solid average daily sales: $900–$1,200 weekdays; $2,500–$5,000 on weekends
  8. Established team in place: 1 full-time duty manager, 1 part-time bartender, 2 casual waitstaff
  9. Excellent landlord with a cooperative and supportive approach
  10. Member of the Restaurant Association of New Zealand
  11. Fully integrated POS system with quality hardware and Android-based ordering
  12. Online booking system with gift card functionality
  13. Strong social media presence with over 4,000 followers on Instagram
  14. Customer database of 1,000+ bookings and contacts
  15. Website: www.11bar.co.nz | Instagram: @11bar.nz


GROWTH POTENTIAL

  1. Add a commercial coffee machine and operate as a café during the day
  2. Tap into corporate lunches, events, or private hires
  3. Leverage the brand’s value-driven identity to scale


WHY ELEVEN?

Eleven offers a streamlined business model with an easy-to-manage operation, strong branding, and a prime central location. With all systems in place and a proven concept, it's ready for a new owner to walk in and build on an already solid foundation. Whether you're a seasoned operator or a new investor, this business offers serious value in an unbeatable location.


*Full financials & chattels list, available upon in-person viewing and discussion with the owner.


Business Resources

Includes 1 full-time duty manager, 1 part-time bartender, and 2 casual front-of-house staff. Sale includes all commercial equipment and full venue fit-out. Full chattels list available on request.

For more info Contact:

Owner

0226288585
anytime

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