Food, Beverage & Hospitality business for sale in Newcastle
- Food, Beverage & Hospitality
- Newcastle NSW 2300
- $85,000 (GST na)
Newcastle Supermarket & General Store
For sale for the first time in over 10 years is this very special boutique business. It has been operating since the 1930's so there is history and proven longevity. It is very simple and easy to run with low overheads which is perfect for someone wanting wind back a bit whilst owning their own business. This opportunity is ideal for anyone who would enjoy engaging with people and the community daily. The business is set within a thriving part of Newcastle with extensive commercial and residential developments, existing businesses and all within a short stroll to the beach.
The business is part of a buying group to ensure you have access to terrific buying power, promotions and specials to increase margins but you can buy from any suppliers you chose.
Key Sale Highlights
Only needs one person to operate
Approximate average yearly turnover $800,000
Approximate average yearly owner return $80,000
New long term lease available
Current rent is less than 10% of weekly turnover
Plant, equipment and fit out worth over $60,000
This listing is being advertised by directbusinesshub.com.au with all email enquiries being forwarded to the private seller who will then contact you!
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.