Business Sold Newcastle, New South Wales 2300
Business Category Cafe and Coffee Shop Catering Takeaway Food
Industrial Canteen & Takeaway
This is located in a prime position just out of Newcastle yet through main road exposure captures so much traffic. The other benefit with location is the superb parking and other key businesses around.
This business is best described as an industrial canteen as it offers a great selection of hot and cold takeaway, coffee and drinks so all the fussy eaters are covered. Takeaway is where the business thrives and there is a small area for those who can afford a little more time and eat a meal.
The business trades JUST 5 DAYS from Monday to Friday from 6am to 2pm. Enjoy weekends off, public holidays and close for 2-3 weeks over Christmas.
With low rent of 5% or so of turnover and long lease to 2027 your location is secure.
The current owners who have thoroughly enjoyed this business over 20 years are now looking to step back for a lifestyle change. The good news is they have been financially successful with an adjusted Net Profit of $188,000 for EOFY2016 and this has been fairly consistent over the recent years.
If you are interested in finding out more about this quality opportunity, please go to XXXXXXXXXX simply register as a buyer on our system and you will get a business summary before completing an online confidentiality agreement. It is a quick and simple process to see if this is an opportunity you may want to explore further or alternatively call Shane Fox on XXXXXXXXXX .
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