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Cafe & Coffee Shop business for sale in Newcastle

  • Cafe & Coffee Shop
  • Newcastle NSW 2300
  • $169,000 + SAV

Catering and Events Specialists Newcastle

This business has demonstrated consistent financial security and profitability to its owners who still enjoy 6-8 weeks off per year and a flexible working roster.

The business is an iconic brand within the catering sector especially with corporate events and weddings, servicing a broad region including Newcastle, Lake Macquarie, the Hunter Valley and Port Stephens. Whilst this business is currently Newcastle based, this business could be located anywhere in the region due to the mobile nature of the catering business.

This business model, unlike cafes and restaurants, enjoys high margins, with no food and beverage wastage or stock on hand requirements. Other benefits include having direct and planned labour costs for every event and being able to book and plan well in advance. The business has enjoyed organic growth with constant bookings and repeat business.

The adjusted Net Profit to the working owner for EOFY2018 is approximately $213,000 which represents an impressive return on the business asking price of just $169,000.

If you are interested in finding out more about this quality opportunity, please email info@merchantbrokers.com.au or visit www.merchantbrokers.com.au or call 1300broker.

Business Highlights

Business ID2015133957
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Category
Last updated  8 Apr 2019
Map for Newcastle NSW 2300Newcastle NSW 2300
Business Brokers Network Australia
Unit 8/747 Fairfield Rd Yeerongpilly QLD 4105

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