Business For Sale Newcastle, New South Wales 2300
Business Category Cafe and Coffee Shop Restaurant Takeaway Food
$250,000 + SAV
Description
Thriving Cafe With Strong Growth Potential
Key Sale Highlights:
- Proven business established for 18 years.
- Favourable lease with rent at only $600 per week.
- Transactions are up 30% despite economic challenges.
- Valuable assets worth an estimated $100,000 included.
- Annual revenue of $450,000.
- Prime location on a busy commercial strip with high foot traffic.
A well-established cafe in a heritage building is on offer, a favourite among locals in a growing region. It offers a variety of products, including Merlo coffee, fresh sandwiches, croissants, hot chips, gourmet pies and baked goods such as cakes, muffins and banana bread, all made in-house for quality. The cafe has a loyal customer base, with transactions up by 30% despite the economic downturn, showcasing its strong market position.
Situated on a busy commercial strip with established businesses such as a hairdresser, a candle shop and a fish and coral store, the cafe benefits from high foot traffic. The building features wide spaces, high ceilings, recently upgraded flooring and ducted air conditioning, providing a comfortable atmosphere for customers.
The business employs two casual staff members and a cook/chef, while the owners each work about 50 hours per week. Open seven days a week, the cafe caters to regular customers in the early morning hours. It has competitive rent and a favourable lease, positioning it well for continued success as the area grows.
The cafe's location in a rapidly expanding area offers significant growth potential for an active purchaser. The current owners, over 50, are looking to slow down and pursue a smaller venture, presenting a prime opportunity for someone committed to expanding this thriving business. The asking price includes approximately $100,000 in assets.
This cafe represents a substantial opportunity for a purchaser seeking a profitable, established business with solid community support and growth potential.
This listing is being advertised by Direct Business Hub with all email enquiries being forwarded to the business seller who will then contact you!
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.
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