Buy the Building, Hospo Business a Bonus! Deadline Sale
Listing: #CS00695About this Business for sale in Canterbury
Buy the Building, Hospo Business a Bonus! Deadline SaleSTUNNING BUILDING, BUSINESS & LAND FOR SALE | DEADLINE SALE 4PM 3 AUGUST 2022.
Value for Money here...
Stunning building in the heart of Rangiora (approx. 25min drive from Christchurch). Market Valuation of building alone is $1,360,000. Vendor open to offers for the building and business!
So many options - buy this and become the landlord, build up the business then sell, enjoying rental income. Either way, this offers value for money when you consider the following:
- The business, The Ivory Bar trading is on the up due to growing support from the locals. Genuine room for growth as currently only open 4 days a week! High-quality fit-out where no expense was spared.
- Let the Market Valuation (December 2021, available to interested parties) for the building of $1,360,000 be your price indicator, but, Vendor will consider all reasonable offers which will include the business AND quality chattels.
- Capacity inside 185, with seating at the bar and restaurant. Outside seating also available.
- The building renovation meets all council requirements (structural and otherwise) with appropriate sign-off. Full documentation available. Grade 2 listed building. NBS 70%
This is a rare opportunity to own a unique and significant hospitality establishment. All the hard work has been done.
Sami Chesterton, 021 02978810, sami.chesterton@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.