Eleven Profitable CBD Bar with Late-Night Upside
This is a hospitality business where the biggest upside is still ahead.
Currently trading until 11:00 pm, this young CBD venue has already delivered strong profits. Further opportunity lies in extending trading hours (subject to consents), aligning with surrounding late-night operators and unlocking a significant uplift in turnover without changing the core operation.
Located on Victoria Street, the business is a popular destination! Check out the socials!
With the new Christchurch Stadium driving increased foot traffic, the timing to expand trading hours is compelling.
Key Highlights:
• Prime Victoria Street CBD location with high foot traffic
• Stylish, fully fitted venue (approx. 100 seats)
• Strong social media presence driving repeat trade
• Fully trained team managing day-to-day operations
• Online booking system and proven promotions in place
• Revenue more than doubled and profits tripled in the first full year
Growth Potential:
• Extend trading hours (subject to consents)
• Align with neighboring late-night venues
• Increase functions, events, and group bookings
• Introduce breakfast/ lunch/day trade using existing kitchen
This is not a turnaround it’s an opportunity to unlock the full trading potential of a proven venue in a tightly held location.