Price Range: from $200 to $2,500,000
Land Area Range: from 10 m2 to 1,000 m2
Other Features
  • 8 months ago
  • 152 views

Thriving Café and Bar business in Newcastle for sale

$120,000

Description

  •  Prime location in the heart of Newcastle, just a 5-minute walk from the train station
  • Surrounded by residential houses, 7 banks, and 4 real estate agencies, ensuring a steady flow of potential customers
  • On-Premises Premium liquor license allows alcohol service from 5am to 2am without meal requirements or security guard. License paid until September next year (valued at $6000)
  • Impressive average weekly sales of $15,000, operating 5.5 days per week
  • Rental cost of $85,000 per annum. 5-year lease commenced in 2020 with two 5-year options
  • Landlord has agreed to negotiate or sign a new lease to accommodate the new owner’s needs
  • Recently renovated in April 2021 with new carpet tiles, extended front door and windows, brand new outdoor gas heaters, tables, chairs, fridges, and freezers
  • Experienced FOH staff and chefs have been with the business for a long period and are willing to continue with the new owner
  • Training available upon request during the transition and established relationships with reliable suppliers
  • Eligible for Permanent Residency Pathway/Migration Programs for both the company and the Café/Restaurant

 

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale.
THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BYANYONE ON HIS/HER BEHALF.

Overview

  • Address Newcastle
  • Country Australia

Details

Mortgage Calculator

Compare