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Food, Beverage & Hospitality business for sale in Newtown

  • Food, Beverage & Hospitality
  • Newtown NSW 2042
  • $69,950 (GST na)

Busy Cafe On Corner Position On King Street, Loyal Regular Clientele

RARE FIND, an excellent cafe, main street location, huge foot traffic, right next to bus stop, quality fit out, great regular clientele.
All this for less than replacement cost and under $100,000 price point, BARGAIN.
This Cafe located in Newtown, has motivated owners who have put many years of love into this business, but for Family health issues require a quick sale. Such a great opportunity to purchase this cafe at a price that will sell. Huge potential to add gourmet burgers to the menu and increase turnover and profits. Burgers were a huge hit a couple of years ago, however they were stopped due to the owners lack of time. No one is doing hamburgers, so adding them to the current cafe menu could be a money spinner. "BURGERS AND BEER"
Ideal position to add a liquor license, with great exposure on corner position. Alfresco dining already approved. Open later to capture burger dining, and serve with beer and wine. Currently the cafe closes at 3pm, but huge business available until late, cash in on the potential Newtown dining crowds. Very reasonable rent, and long lease available, with possibility to extend now.
New equipment recently installed. Unique decoration waiting for new owners creativity. Great opportunity to purchase your first business, or change the concept with new menu or add the popular burger bar back into the front counter. Large kitchen and preparation area gives great ability to expand. Some of the main points for you to inquire today include;
* LOCATION LOCATION, busy king street Newtown Corner
* Very reasonable rent with long lease
* Corner position, great exposure
* Recent equipment update
* Cosy indoor seating, and alfresco dining
* Ideal to add liquor license, and extend opening hours
* Non franchise, nor fees or restrictions
* Ability to change menu to whatever cuisine you desire
* Consistent turnover,
* Huge potential to increase, as current owners need to look after elderly family members.
Inquire today on this website, and we will organise an Information Memorandum to be emailed to you. This will give you a great understanding of the business. Further due diligence information can be forwarded upon request. Any questions you can talk with our exclusive broker Maree on 0400 240 440, you can email maree @thebrokerageaus.com.au or call The Brokerage Australia on 1300 466 455.

Business Highlights

Business ID2014994906
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Last updated  14 Mar 2019
Map for Newtown NSW 2042
The Brokerage Australia Sydney South
1/11 Coast Avenue Cronulla NSW 2230

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