Iconic Newcastle Cafe, Restaurant And Bar

Business Sold Darby Street, Cooks Hill, New South Wales 2300

Business Category Cafe and Coffee Shop Catering Restaurant

SOLD

Description

Iconic Newcastle Cafe, Restaurant And Bar

This Darby Street cafe, restaurant and bar is an icon and delivers an extensive menu, catering from a simple takeaway coffee, exquisite breakfasts and lunches, to mouth-watering dinners and desserts.

The Owner has spared no expense; from the fit-out and design right through to the development of quality staff which now provides him with the opportunity to work full time in another business.

The street has always been a fan favourite and the area is set for further upside and growth with the imminent completion of the Newcastle Light Rail Project and the rise of inner-city apartments and commercial offices.

This is your chance to capitalise on this beachside suburb's growing coffee and food culture.

With revenue just under $2M and the adjusted net profit of around $250,000, this is a business that you simply don’t want to miss. It also includes a 3-bedroom apartment upstairs that yourself, a close friend or family member could take advantage of, or potentially use the space for an office or storage.

If you are interested in finding out more about this quality opportunity, please contact us for a Business Summary. Alternatively, call Shane Fox on XXXXXXXXXX .
Contact Seller

Bsale ID: 558301
Broker REF: 3215344

Merchant Business Brokers