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