Thriving Café and Bar business in Newcastle for sale

Newcastle prime location, on-premises liquor license, $15K weekly sales, loyal staff

Key Sale Highlights

Business Overview

Description
Ø Prime location in the heart of Newcastle, just a 5-minute walk from the train station

Ø Surrounded by residential houses, 7 banks, and 4 real estate agencies, ensuring a steady flow of potential customers

Ø On-Premises Premium liquor license allows alcohol service from 5am to 2am without meal requirements or security guard. License paid until September next year (valued at $6000)

Ø Impressive average weekly sales of $15,000, operating 5.5 days per week

Ø Rental cost of $85,000 per annum. 5-year lease commenced in 2020 with two 5-year options

Ø Landlord has agreed to negotiate or sign a new lease to accommodate the new owner’s needs

Ø Recently renovated in April 2021 with new carpet tiles, extended front door and windows, brand new outdoor gas heaters, tables, chairs, fridges, and freezers

Ø Experienced FOH staff and chefs have been with the business for a long period and are willing to continue with the new owner

Ø Training available upon request during the transition and established relationships with reliable suppliers

Ø Eligible for Permanent Residency Pathway/Migration Programs for both the company and the Café/Restaurant

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

Confidential Business Information and FAQ's

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