Beachside Cafe In Premium Location – Newport, Nsw

Newport, New South Wales 2106

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Prominent frontage with high visibility
  • Great corner location near supermarket
  • Serves breakfast and lunch daily
  • Recent full renovation and new equipment
  • Full commercial kitchen with car park
  • Staffed under management with 13 casuals
  • Turnover: $620,000
  • Net Profit: $120,000 to 150,000
  • Rent/Lease: Lease till 2028 & renewable option
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Cafe Takeaway

Business ID: BS150360 - Quick Sale- Price Reduced

Turnover $620,000 -Net Profit $120k to $150k (plus wages) – Cheap Rent

Make your mark in Sydney’s unstoppable food and beverage scene with this prominent Beachside Café!

This is a great concept in a modern space, set within a populous suburb with an enormous opportunity

Investing in this business would give you the best of both worlds:

An incredible lifestyle business (offering work-life balance)

Located in the middle of town (not just a beach destination).

Business Highlights:

- TURNOVER: 15K Summer & 9 to 12k Winter per week

- PROFIT: 3000 Avg plus 1500 owner wages per week

- LEASE: till 2028 & renewable option

- RENT: $1203 exc gst per week

- OUTGOINGS: $500 per week(included elec, internet, phone, gas, rates, merchant fees, insurance)

- WAGES:$2700 per week

- Prominent frontage offering high visibility to constant foot traffic

- Great corner location next to big supermarket – Opposite the beach

- Serves Breakfast and Lunch daily up to 20 to 30kg of coffee per week

- Seats upto 20 customers indoors – Outdoor seating possible for 24 people

- Recent Full Renovation & new equipment – no more money to spend

- Full Commercial Kitchen with exhaust, storage, private toilet, and car park

- Top-class fit-out – Low rent – Ample off-street parking

- Staff: FULL UNDER MANAGEMENT 13 Casuals

- Long Lease 2+4 Years Option

- Uber, Instagram, Facebook & Website managed by DPOS

- TRADING: 7 Days 6:00 am to 3:30 pm

- Owner moving interstate

This would be a great opportunity to be your own boss

Current owner is happy to provide training to the buyer

Business potential:

Opportunity to trade as a bar or niche offering

Expand the food offers & hours

With a loyal customer base and dream location which is hard to find.

Price: $100,000 WIWO - NEGOTIABLE

Property Code: 3058

What's Nearby

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Bsale ID: 595578