Business Sold Newport, New South Wales 2106
Business Category Cafe and Coffee Shop Takeaway Food
SOLD
Description
Beachside Cafe In Premium Location – Newport, Nsw
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
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