New Brighton Bar Business For Sale
Christchurch, New Zealand



Bar, food and gaming at the seaside

New Brighton is a perennial seaside favourite of Christchurch residents.

New Brighton Beach is only a 15 minute drive from the City Centre and is famous for its Pier and as one of the best surf spots in the Christchurch area. The golden sand swimming beach is bordered by Marine Parade and the Brighton Mall.

The Brighton Mall is a new seaside development that offers eclectic shopping, bars and cafes among broad pedestrian walkways and tall Phoenix Palm trees. Bar 25, in the heart of the Mall, is a great place to relax over a drink. The Bar also offers gaming and restaurant services and there is plenty of free parking in the area.

One of the entrance doorways to Bar 25 from Brighton Mall

The bar was purchased by the present owner as part of a larger purchase of the surrounding land and buildings. Most of these buildings are tenanted by retail-leisure businesses with some retail space still available for lease.

The owner has little expertise in the hospitality industry and the business is currently being run under management. He has now put Bar 25 on to the market on a "walk in walk out" basis and is seeking a new owner with hands-on experience in the bar and restaurant trade.

Established hospitality business at the seaside.

Food Bar
The Public Bar is serviced by a compact kitchen with freezer and scullery. Food sales bring in $35,000 per annum.

Leasehold premises

The business trades from ground floor premises (940 square metres) at 25 Brighton Mall. The building is near-new with modern décor, separate office, tank room, and ample storage.

Front and side views of Bar 25

The annual base rental is $75,000 (+GST) with annual outgoings of $17,000 (+GST). New terms and conditions can be negotiated directly with the landlord. Basic terms could be 6-15 years (duration to suit both parties), 1 x 6 year Right of Renewal, and rent reviews every two years.

Assets being sold

A comprehensive list of fittings, fixtures and chattels being sold is available. All plant and equipment has been well maintained, with many well-known and trusted brands. Main items include:

Public Bar:

• U-shaped bar, behind the bar refrigeration and glass display, drinks chiller, alcohol and drinks dispensers, ice machine.
• Colour televisions (3), big screen television, sound system, cash register, Eftpos machine, cash drawer, coin phone.
• Floor coverings, light fittings, wall decorations, microwave oven, glass washer (2).
• Tables (6), chairs (22), stools (48), leaners, ceiling fans.

Kitchen:

• Stainless steel 3 hood extractor, twin deep fryers, hot plate, salamander, assorted cooking equipment.
• Milk shake maker, sandwich dispenser, coffee filter, pie warmer, dishwasher.

Function Room - Lounge Bar:

• Ice machine, glass washer, drinks chiller, cash register, sound system, beer and spirits dispensers.
• Square tables (8), round tables (9), leaners (5), stools (11), chairs (44).
• Big screen television, light fittings, dance floor, wall decorations.

Tank Room – Service Area:

• Beer system including refrigeration, stainless steel beer tanks, kegs, connector lines.
• Freezer, microwave, vacuum cleaner, fire extinguishers.

Office and Entrance:

• Office furniture, fax, safe, fluorescent lighting, folding tables and chairs.
• WizBang sales management software.

Day to day management

Business Hours:
Seven days trading.

Staff:
Bar 25 is operated by 9 staff. If required, the present owner is available to assist the new owner, terms by arrangement.

Stock:
Wet and dry stock will total about $17,000.

Advertising and Promotion:
No advertising is done other than street-side and building signage and occasional advertising in local newspapers. Trade is reliant largely on passing foot traffic and word of mouth recommendations. Given the seaside environment, much more could be done to promote this business.

Call Glenn on +64 3 374 2490 (day) or 021 800 723 (evenings)

New Brighton and Christchurch

New Brighton Beach is 10.5 km north-east of Christchurch city centre. The beach is popular for sunbathing, beach volleyball, and surfing. The most famous landmark is the New Brighton Pier - 300 metres long, 6 metres wide and 7 metres above high tide. There is a new purpose built library and attached cafe and restaurant at the entrance to the Pier.

The Pier is a real drawcard for New Brighton with most visitors taking time to stroll along its length. New Brighton Beach also has a clock tower, sound shell, and a children’s playground with a Whale Pool for babies and young children.

Christchurch is the largest city in the South Island and the main gateway for International visitors to the South Island. The city has many neo-Gothic stone public buildings, beautiful parks and gardens, and leafy suburbs with Victorian and Edwardian colonial wooden villas. It is often described as the most English city outside of England.

With nearly 350,000 residents, Christchurch offers an amazing selection of outdoor pursuits. There is nowhere else in the world where, within two hours of an international airport, you can ski at a world-class alpine resort, play golf at a top class golf course, bungy jump, go white water rafting, hurtle down forest tracks on a mountain bike, watch whales, or visit world-class wineries and gardens.

To find out more about Christchurch, click on:

http://www.newbrighton.co.nz/
http://www.ccc.govt.nz/NewBrighton/
http://www.niwa.cri.nz/services/free/cam-era/piercam
http://www.christchurch.org.nz/
http://www.ccc.govt.nz/
http://www.christchurchnz.com/
http://www.canterbury.ac.nz/
http://www.artscentre.org.nz/
http://www.whatsonchristchurch.co.nz/
http://www.iceberg.co.nz/