Listing #:4541302229
The Iconic Drexel’s Breakfast Restaurant!
Location: | Christchurch City, Canterbury |
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Are you on the hunt for an industry leading, iconic Christchurch hospitality business that has stolen the heart of Cantabrians and tourists alike? This is it…
Drexel’s is now on the market for sale!
Since 1986, this American Diner style breakfast restaurant has cultivated an exceptional reputation and built a large and loyal customer base, captivating generations of Cantabrian’s.
Drexel’s is extremely busy, and with 2023 annual sales over $3 million (inclus. gst) and eye watering profits, it represents a rare opportunity for the right buyer. Drexel’s also boasts a strong marketing strategy and a remarkable 8.4K follower base, a testament to the business's ongoing success.
Averaging weekly sales of $58.5K, Drexel’s offers potential for further expansion under the leadership of an ambitious new owner.
Why buy this business:
• Solid trading history - 30+-year institution
• Great/easy systems in place for new owner to hit the ground running
• Awesome and dedicated staff
• Breakfast/brunch hours only, currently closes at 2pm – no evening service which is highly desirable!
• Seats 145
• Busy Riccarton Mall complex location (near a main entrance)
• Plenty of parking right next door
• Exceptional reputation
• Growth opportunities
• Loyal clientele
This exceptional investment opportunity is ideally suited for an individual or partnership possessing experience in the hospitality industry, or for investors looking to diversify their portfolio.
It has been in the same hands for 23 years and served the owners exceptionally well, but it is now time to hand it over to a lucky new owner, don’t delay, enquire now.
To find out more, watch the video here youtube.com/watch?v=JfyPOHS7LPg or go to linkbusiness.co.nz/CS00869 and press the “Enquire Now” button to complete an online confidentiality agreement.
Sami Chesterton, 021 0297 8810, sami.chesterton@linkbusiness.co.nz
Agency reference #: CS00869
Drexel’s is now on the market for sale!
Since 1986, this American Diner style breakfast restaurant has cultivated an exceptional reputation and built a large and loyal customer base, captivating generations of Cantabrian’s.
Drexel’s is extremely busy, and with 2023 annual sales over $3 million (inclus. gst) and eye watering profits, it represents a rare opportunity for the right buyer. Drexel’s also boasts a strong marketing strategy and a remarkable 8.4K follower base, a testament to the business's ongoing success.
Averaging weekly sales of $58.5K, Drexel’s offers potential for further expansion under the leadership of an ambitious new owner.
Why buy this business:
• Solid trading history - 30+-year institution
• Great/easy systems in place for new owner to hit the ground running
• Awesome and dedicated staff
• Breakfast/brunch hours only, currently closes at 2pm – no evening service which is highly desirable!
• Seats 145
• Busy Riccarton Mall complex location (near a main entrance)
• Plenty of parking right next door
• Exceptional reputation
• Growth opportunities
• Loyal clientele
This exceptional investment opportunity is ideally suited for an individual or partnership possessing experience in the hospitality industry, or for investors looking to diversify their portfolio.
It has been in the same hands for 23 years and served the owners exceptionally well, but it is now time to hand it over to a lucky new owner, don’t delay, enquire now.
To find out more, watch the video here youtube.com/watch?v=JfyPOHS7LPg or go to linkbusiness.co.nz/CS00869 and press the “Enquire Now” button to complete an online confidentiality agreement.
Sami Chesterton, 021 0297 8810, sami.chesterton@linkbusiness.co.nz
Agency reference #: CS00869
Business buyer’s checklist
Asking price: $1,500,000
Listed: Tue 30 Jan, 5:39 pm
Sami Chesterton
LINK Business Christchurch Ltd
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Contact details
- (03) 3663394
- (021) 02978810
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Agent's details
Sami Chesterton
- (03) 3663394
- (021) 02978810
LINK Business Christchurch Ltd
(03) 3663394
Expires: Wed 15 May, 8:30 am