Food, Beverage & Hospitality business for sale in Newtown
Food, Beverage & Hospitality
Newtown NSW 2042
$175,000 (GST na)
Inner West Sydney. Close to Uni and Hospital. Under Management Iconic Cafe.
ICONIC SYDNEY CAFE FOR SALE
Under Full Management. Within walking distance from a major Sydney hospital and Uni. Only 10 mins drive from CBD, on a busy road with plenty of traffic. Large premises over 120sqm with beautiful outdoor Courtyard facing the street (only one in the area). Trades 7 days/evenings and has a steady flow of customers throughout. The current owner NEVER actually works in the business. All staff and processes are in place and the cafe is UNDER FULL MANAGEMENT. Currently has 2 years remaining on the lease, with a new lease can be negotiated. Business model has been readjusted to COVID-19 restrictions, and doing well. During COVID owner has decided to not operate for dinner, which is a potential for new owner to re-open its dinner trade. Potential to run as funky dinner restaurant due to its location and large outdoor area.
Rarely does a Business LIKE THIS come on the market. Grab a bargain and start building this business to its full potential.
To Discuss further PLEASE CONTACT MIKE ARVYTHIS 0411 690 000