Phoenix Tavern for sale in Christchurch - Great Entry Level

A very tidy little Tavern situated on one of Christchurch's busy arterial routes in the suburb of Papanui. The Phoenix enoys a very loyal local trade and has been steadily increasing turnover under the present operators. The chattels and plant are in excellent condition and the bar has been recently recarpeted.

The lease at present expires in Nov 2013 and is currently $60,000 per annum plus GST. Licensed hours are 8.00 am to 2.00 am. The Tavern is licensed for 9 Poker Machines which are very busy and currently contribute $102,440 in site rentals annualy. Present Food and Liquor Sales are climbing steadily. Food Sales are approxiametely 10% of turnover.

This is an excellent opportunity for a couple or owner operator to enter the Hospitality Trade and is only available to the market for health reasons. 

The vendors will provide generous vendor finance to an approved purchaser.

Further confidential information will be provided to puchasers who have registered on this website.

Please Contact the Hospo Broker, Kevin Johnson to discuss this exciting opportunity today on 027 466 7930

Free phone 0800 HospoBroker (0800 467 762)

Canterbury and West Coast Specialist Hospitality Business Broker

Christchurch is the regional capital of Canterbury, New Zealand. The largest city in the South Island, it is also the second largest city and third largest urban area of New Zealand. A coastal city, the urban area is situated just north of Banks Peninsula, midway down the South Island's east coast, but (since 2006) the city limits encompass the peninsula.

At the centre of the city is Cathedral Square, surrounding the Anglican cathedral, Christ Church. The area around this square and within the four avenues of Christchurch (Bealey Avenue, Fitzgerald Avenue, Moorhouse Avenue and Deans Avenue) is considered the CBD of the city. The central city also has a number of residential areas, including Inner City East, Inner City West, Avon Loop, Moa & Victoria.

Cathedral Square is a popular destination and hosts attractions such as the speakers' corner made famous by the Wizard of New Zealand, Ian Brackenbury Channell. The central city includes the pedestrianised Cashel Street as Christchurch's urban mall. At one end of the mall stands the Bridge Of Remembrance; at the other end the amphitheatre known as the Hack Circle.