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
MIKE ARVYTHIS 0411 690 000
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