5 Businesses For Sale on the Central Coast and Newcastle Under $500,000
5 Businesses For Sale in the Central Coast and Newcastle Under $500,000
Business is booming on the beautiful Central Coast and Newcastle region of NSW. Driving north from Sydney, just a few short hours will land you in the Central Coast region, then further up, the Newcastle and Hunter region, both are well known for their communities and support of small businesses. You can find many businesses for sale in the Central Coast or if you prefer, businesses for sale in Newcastle on Bsale.
Business on the Central Coast
The Central Coast is compromised of many suburbs including the beach towns of Terrigal, The Entrance and Avoca with the main business districts being Wyong, Woy Woy and Gosford. For those interested in some retail therapy, Erina Fair is a popular choice, as well as Westfields in Tuggerah.
There are over 24,000 small businesses that call the Central Coast home, with roughly 50% being sole traders. Popular industries include construction, tourism, hospitality and manufacturing. Paula Martin, Central Coast Regional Director for Business NSW, has stated that the biggest driver of business and industry growth on the Central Coast over the next decade will be the capacity to take advantage of the disruptions in global supply chains and do more onshore work for businesses across New South Wales.
Popular Central Coast business Personalised Favours has been named Medium Retailer of the Year by the National Retail Association in the recent awards of September 2022.
According to the Coast Community News. This business originally started as an eBay side hustle, when the owner found a lot of Google results were very cookie-cutter options, she knew she was onto something. Turning her garage side hustle business into a full-blown business that is a major player in the Australian wedding industry. Founder Melissa Wilkinson said she was excited by the win.
"We were happy just to be finalists along such incredible brands but to win was mind-blowing,” Melissa said.
Business in Newcastle and the Hunter
Newcastle is Australia's 7th largest city and a bustling hub of commerce, community and hospitality. With its beautiful coastline and country life, you will find major air and rail links to the rest of NSW and Australia here. The Newcastle region is compromised of its namesake, Lake Macquarie, Port Stephens, and the Hunter.
Newcastle Lord Mayor Nuatali Nelmes says development in Newcastle is showing no signs of losing momentum despite challenging market conditions.
“Significant levels of residential and commercial development continue to unfold right across our city, which is great news for the local economy, construction industry, and the creation of thousands of direct and indirect jobs,” Cr Nelmes said.
This boom is evident through a large number of local stores and retailers doing exceptionally well throughout the region. Emily Coker from East End fashion boutique 'Hey Jude Love Pete', based in Newcastle has experienced excellent trade despite no online prescense or store, which can only be attributed to the bustling foot traffic and consumers in the area.
According to the Newcastle Herald, Emily launched her store between lockdowns in 2021 with her decisions paying off in a tough economic market. "I am going gangbusters, to be honest," she says.
Tourism is another hot spot of the Newcastle and Hunter region, largely due to the infamous wine region in the Hunter Valley, which sees over 8 million people visit each year and 36% of these being domestic visits.
Here are 5 businesses for sale in the Central Coast and Newcastle regions on Bsale right now.
1. Franchise Espresso for Sale in Bateau Bay
Price: $99,000 + SAV
This is a simple operation with no kitchen and no cooking, positioned outside major anchor shops in a very busy local shopping centre, surrounded by Coles, Woolworths, Aldi, K-Mart.
- Revenue $14,000 pw
- Rent $1,650 pw
- Net Profit $2,700 pw
- 35-40kgs coffee pw
- Great entry for the budding barista
- Trendy modern fit out – no more to spend
- Training will be provided
2. Pizza Hut Franchise for Sale in East Maitland
Price: $369,000
Pizza Hut is Australia’s favourite pizza brand for a good reason. It’s no secret that they aim to be Number 1. The brand has tremendous brand recognition within the East Maitland community. This is testament to the business being operated as a family business over many years with the vendor now looking to retire and pass the reins on.
- Revenue F.Y. 2022 Circa $1.26m
- Great potential for growth in one of the state's most rapidly expanding areas
- Low base rent Circa $36k pa + GST and Outgoings
- Long term lease in place
- Proven franchise system providing on-going support with excellent marketing
- Full training provided to approved applicants
- Open 7 days and well suited to an owner operator
3. Award-winning Carpet & Upholstery Cleaning Business - Morisset
Price: $120,000 + Vehicle & Stock
Owner-operated for over 27 years, the business is a proven earner and is renowned for its high standard of work and proven results. Services can include carpet cleaning and restoration, upholstery cleaning, window cleaning, vinyl/timber polishing and servicing, tile cleaning, pressure cleaning, and much more.
- Strongly established business operating for 27 years
- Mobile operated with minimal overhead costs
- Highly flexible whilst maintaining profitability
- Large and diverse client base already in place
Weekly updates on business sales and advice, delivered to your inbox. Sign up to Newsletter
4. Fibreglass Pools Sales And Project Management Business for Sale in Newcastle
Price: $400,000
This business sells fibreglass pools and then project manages the process through to installation. The business does not require a physical site so you can operate from your home office like the current husband and wife team do. They mainly service Newcastle, Central Coast, and the Hunter Valley.
- Very low controllable overheads and very high margins
- Business can operate from anywhere with cloud-based systems
- Over $3M of contracts booked through to March 2023
- Sales revenue over $3.4M for EOFY2022
- Adjusted Net Profit over $800K to the owners for EOFY2022
5. Long Established Glass Products Business for Sale on Central Coast
Price: $450,000 plus SAV
Specialising in frameless & semi-frameless shower screens and unique glass splashbacks and wardrobe doors across the Central Coast, Newcastle, the Hunter and select works in Sydney. Brilliant team with efficient systems in place to enable to be operated under management or owner/operator if preferred.
- Approx. 350m2 Factory with huge main road exposure and reasonable rent.
- Low Stock at Valuation level of $40k to $50k.
- Priced to sell $450,000 plus SAV (approx. $50k)
- Turnover: Approx. $1.5m
- Adjusted Net: Approx. $150k managed
- Plant Value: Approx. $175,000 Plant Description: List in file
- Years Established: In excess 20 years, current owner 3
- Permanent Staff: 7 Employees, includes Manager, Admin, Installation Fitters & Apprentices
Tags: selling listicle central coast newcastle
About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
