Ad ID: 81719

Iconic Restaurant and Bar for Sale Christchurch

Baretta Restaurant / Bar for Sale

Location:
Asking:
$950,000 + SAV

Business for Sale Description

Iconic Restaurant and Bar for Sale Christchurch

Baretta, one of Christchurch’s most loved restaurant/bars is reluctantly for sale. Fully managed, it has consistently earned a great return for its owners. Year to March 2019 this was approximately $450k from a turnover of $2.8m

With an exceptional fitout, range of indoor areas and sheltered courtyard, it is licensed for 290. This is a superb and profitable business. It currently is open 7 days a week. Baretta has been operating for seven years.

The owners wish to sell urgently, owing to their out-of-town business commitments. Currently fully-managed with great staff, it will have equal appeal to Hospitality Groups wishing to expand their base or to an owner-operator.

Lease runs through to Feb 2025. Major supply contracts have either expired or are soon up for renegotiation. This business is a fantastic opportunity. Priced to sell at $950,000 plus SAV (plus GST if any).

Contact Michael Inder at Nexus Business Sales to discuss further

Interested In This Opportunity?

Email To A Friend / Myself

 

Share this:

Nexus Business Sales Ltd
For more info
Contact:

Michael Inder

Michael Inder
+64 21 626 690 or +64 3 443 0043
Phone: Michael Inder +64 21 ... or +64 3 443 0043
Nexus Business Sales
Licensed REAA 2008
Broker Ref: NEX10386

Sign up for the Latest Businesses For Sale

BUSINESS FOR SALE BULLETINS
quickly get the newest business opportunities.

SELECT BULLETIN(S):
  •