PROFITABLE, LONG-ESTABLISHED INDUSTRIAL TAKEAWAY AND CAFE WITH REAL ESTATE OPPORTUNITY - Newcastle
Business Type :
Takeaway Food, Catering, Cafe/Coffee Shop
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An incredible, long-established Takeaway Cafe situated in a busy, industrial area in a popular Newcastle suburb- Freehold/real estate option available.
Established for over 40 years and run by the same owner and family members, this brilliant business for sale offers an incredible opportunity for a new owner. For sale for the first time since its establishment, this opportunity additionally offers the option to purchase the freehold and another real estate option.
This popular takeaway cafe business, located in a prime inner-city suburb, has earned a wonderful reputation from its regular loyal clientele. It is located within close proximity to industrial areas, businesses, schools, and main roads, and is well positioned for future growth.
It is renowned for its delicious, fresh home cooked meals and menu options. Menu options are available to enjoy inside the café, in the outdoor area or takeaway, offering convenience and variety to its customers. In addition to the cafe and takeaway services, it also offers catering options and a once-a-week milk delivery service.
Currently operating with a well-trained and customer-focused team in place (including a fulltime manager), trading hours are 6am-5pm, Monday to Friday. With the current owner being retired for some time now, a new owner can capitalise on the potential growth and development of the business by working in the business.
The business premise and separate 2-bedroom unit attached to the building are also for sale, which could present multiple opportunities. Details on the real estate on offer will be shared with interested parties.
A list of valuable assets is also included in the sale.
Financial performance at EOFY 2019 shows a PEBITDA of circa $90,000, with a consistent growth in Gross Profit over the past three (3) years.
If you are interested in finding out more about this quality opportunity, please follow the links on the ad or call 1300 BROKER (276 537). Alternatively, you can visit www.merchantbrokers.com.au.