An incredible and highly profitably Darby Street Bar, Cafe and Restaurant is available for sale in prime Newcastle location with family-friendly trading hours.
Brilliant business that generates an adjusted net profit for current owner of circa $160,000. This quality highly profitably Café and Restaurant is perfectly located in Darby Street, one of Newcastle’s most desirable eat street locations. The owner is reluctantly selling to move overseas, so it’s time for this incredible bar, café and restaurant business to be taken to the next level by new owners. The business has an on-premise liquor licence and currently offers a fresh Italian pasta menu with dinner service from Tuesday – Sunday and Lunch from Friday to Sunday. The business can be grown with more focus on breakfast (not currently offered), lunch (currently only served 3 days pw) and profitable after hours’ functions and events. The business would benefit from an active owner keen to more actively market the business and is driven to make the most of the brilliant location, high quality fit out and brilliant liquor licence. The business is highly profitable with accountant figures available and a desirable rent and lease terms.
About the opportunity: A new owner can choose to enjoy the family-friendly work hours or really take the business to another level. There are significant opportunities to grow the business further which could include focusing on introducing breakfast service, expanding the lunch offering, growing the profitable functions and events or expanding distribution with local delivery options. Features of the business include; a favourable lease. Rent less than 10% of turn over; quality, highly profitable and well-regarded business with plenty of upside; great lifestyle and location and on-premise liquor licence. Being a successful business with inside and outside seating plus additional bar seating in a great location, it provides a great income and lifestyle with many opportunities to achieve even greater success into the future.
If you are interested in finding out more about this quality opportunity, visit www.merchantbrokers.com.au simply register online for more information. Alternatively, call Ian Jones on 1300 BROKER or 0402 111 500.