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
