Premium Cafe in Shopping Centre, Lake Macquarie

$95,000

Plus Stock at Value (SAV)

Category: Food and Beverage Services

This is a premium Lake Macquarie cafe in a very well exposed position within the Glendale Shopping Centre. This cafe has a key position and benefits from thriving drive-by exposure and foot traffic.

With ample car parking at the front door, the business is close to the cinemas, sporting amenities, major retailers and other key destination businesses. This café offers an exceptional floor plan with spacious seating inside and out. The current owner has been stretched with other business interests and this café has suffered and now priced for immediate sale. The annual turnover over the last 2-3 years has between $1M – $1.2M and industry benchmarks would suggest a strong net profit is achievable to an owner-operator, certainly more than the low asking price. The opportunity for capital growth exists within this thriving lifestyle suburb and destination.

Agent Details

Floorplan