Direct Business Pty Ltd Phone : 1300 73 ****

Newcastle 5 day cafe and espresso bar

Listing Id : 302705

Location : New South Wales - Newcastle

Category : Cafe and Coffee Shop, Catering, Takeaway Food

Asking Price : 80,000

Business description

On offer for the first time in 8 years are two exciting venues in the Newcastle area. One venue is a purpose built 40 seat café in a busy commercial area with Newcastle harbour views. This site includes a fully functioning kitchen with walk in cool room and caters to a thriving breakfast and lunch trading period. The second site is a compact and efficient espresso bar requiring just one staff member per day and located in the foyer of a multi-story office building a short walk from the café. The café also provides a catering service to a large number of commercial offices in the immediate area. A key highlight for any buyer is the Monday to Friday trading days and both sites close by 3 in the afternoon with no weekend trade. The locations are well positioned to accommodate businesses and residents with more residential & commercial developments nearing completion in the area. These two sites are priced well below replacement value and offer an opportunistic buyer two turn key businesses in a thriving growth part of Newcastle, with lifestyle friendly trading days. Currently these sites are run under management with an established small team of fun, hard working staff. Yes - the price is correct $80,000 + SAV (including $47,000 of assets) for both locations.

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