Ad ID: 81529 Inactive
Nightclub and Potential Restaurant for Sale Christchurch
Nightclub Venue, Bar and Restaurant
Business for Sale Description
Nightclub and Potential Restaurant for Sale ChristchurchOne of Christchurchâ€™s largest nightspots/live performance venues with a late night license for 300 is
now offered for sale. Currently it is the largest venue of its kind in the city. The venue has just been
re-launched under a refreshed brand and has major gigs booked for the next 6 months.
The owners carried out an incredible fit-out, investing over $1.3m into the design and build of this
fabulous location split out over 2 levels. No expense has been spared on the sound and lighting
systems, dÃ©cor, stage, air-conditioning, high-end commercial kitchen, teppanyaki kitchen and bars.
On the 2nd level is a VIP bar with views over the dance floor below.
Original lease 6 years plus 3 plus 2 through to January 2026. The business is fully staffed, with
owners remote from the operation. Licensed to 3am, it is currently operating Friday and Saturday
nights with Liquor supply contracts in place. The venue has shown the capacity to generate
significant revenues, upwards of $2m per annum. Current owners forecast for the next year (based on a 2
night/week operation) is a net profit in excess of $300,000.
The owners are inviting offers from hospitality operators with the capacity to realize the value this
Contact Michael Inder at Nexus Business Sales to discuss further