Newcastle Airports New International Hub Could Bring More Opportunities for Business Owners
Newcastle Airports New International Hub
With the announcement that the Commonwealth Bank will be the sole financier of a new international terminal at Newcastle Airport (NTL), rumoured to be worth $240 million, the region is set to expand. With over 300 businesses for sale in the Newcastle and Hunter region, it is a prime time to get ahead of this growth in population and traffic to the region.
According to karryon.com.au, "the NTL-CBA tie-up will see the development of a new international facility as well as an upgrade to domestic operations in a “significant expansion plan” for the airport." These expansion plans can be expected to benefit not only Newcastle, but the entire Hunter region, both socially and economically. This expansion aims to grow passenger numbers to about 2.3 million a year by 2028 – equal to a 77 per cent rise in traffic.
Newcastle airport (NTL) is a modern and well-equipped airport that serves as an important gateway to the Hunter Region. NTL has undergone several upgrades and expansions, including a major redevelopment in 2016, since its first opened back in 1947. It is used primarily as a domestic airport, although has offered flight to Auckland and Bali in the past.
If you have been considering buying a business in Newcastle, this may be the perfect time. Let's check out 5 businesses currently listed for sale in Newcastle.
1. Popular 'Eat Street' Cafe
This business is a newly renovated cafe, located in one of Newcastle's busiest 'Eat Streets'. The cafe is known for its great coffee, freshly made sandwiches, burgers and salads. Clients include staff from one of the biggest banking institutions in town. Other features of the business include:
- It is the only café in the area with a full salad bar that makes fresh sandwiches & salads upon order.
- Scores the highest rating in the area on Google. Excellent reviews!
- Plenty of nearby offices, retail, ambulance station, schools, and a 5 minute drive to the beach.
- Trades just 5 days per week.
- Secure lease in place.
2. Cafe And Bar Restaurant
Look at this one of Newcastle's premier live music cafes, bars, and restaurants, renowned for its exceptional coffee, delicious breakfast options, and authentic Asian cuisine. With a seating capacity of approximately 90, both indoors and outdoors, this well-established business underwent a refurbishment three years ago.
Boasting a favourable lease agreement secured last year, the restaurant offers breakfast, lunch, and dinner services, five and a half days a week, with a license for on-premises liquor sales. It has established a solid reputation among locals for its coffee and food. This is the ideal opportunity for an energetic, bar-savvy entrepreneur. Don't miss out on this chance to take your business to the next level.
3. Lone Star Rib House & Brews
Price: $370,000 + SAV
Born in Texas as a Rib House, Lone Star Rib House & Brews has grown and evolved to fresh modern dining experience with flavours that will take you right across the US and through to the Mexican border.
We are famous for our 8-hour slow cooked ribs, drool-worthy burgers, juicy steaks and huge variety of schnitzels - but don’t stop there, we also offer a variety of lighter meals including fresh salads and vegetarian options.
Our restaurants enjoy a higher average spend per head with our unique range of craft beers, tap beers, wines, cocktails, spirits and alco-shakes.
Lone Star Rib House & Brews’ talented head office team are passionate to help you succeed - with dedicated support from construction to operations, training and marketing.
4. Fantastic Bakery
Price: $175,000 + SAV
Great coastal bakery, 40 minutes from Newcastle, 10 minutes from Newcastle Airport, fantastic profits, very strong numbers from this business will amaze you, long term local "strip mall" location well known in the area for generations.
Fully equipped with high quality equipment and functions like a well-oiled machine, currently only utilising a single baker ( owner ) and can easily be expanded as the demand is constant.
The business has historically focused entirely on retail sales so the option is open to start marketing and selling wholesale baked goods as well. The business is well known throughout the region for producing high quality, tasty baked goods. Loyal shop staff are happy to stay on.
5. Landscape Supplies And Landscaping
This business is a well-oiled machine comprising over 35 staff including supervisors and managers across both the landscape supplies yard and the landscaping business.
The owner primarily manages the business and enjoys looking after the quotes, tenders, job scheduling and communicates with the supervisors. The landscape supplies yard is run under management.
The operation has been going for over 10 years and has even over the last 4 years had consistent revenue growth of over $8M per annum.
About the author
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...