Beachside Cafe in Premium Location – Newport, NSW

Business ID: BS150360 - Quick Sale- Price Reduced

Turnover $620,000 -Net Profit $120k to $150k (plus wages) – Cheap Rent

Make your mark in Sydney’s unstoppable food and beverage scene with this prominent Beachside Café!

This is a great concept in a modern space, set within a populous suburb with an enormous opportunity

Investing in this business would give you the best of both worlds:

An incredible lifestyle business (offering work-life balance)

Located in the middle of town (not just a beach destination).

Business Highlights:

    -  TURNOVER: 15K Summer & 9 to 12k Winter per week

   -  PROFIT: 3000 Avg plus 1500 owner wages per week

   -  LEASE: till 2028 & renewable option

   -  RENT: $1203 exc gst per week

   -  OUTGOINGS:  $500 per week(included elec, internet, phone, gas, rates, merchant fees, insurance)

   -  WAGES:$2700 per week

   -  Prominent frontage offering high visibility to constant foot traffic

   -  Great corner location next to big supermarket – Opposite the beach

   -  Serves Breakfast and Lunch daily up to 20 to 30kg of coffee per week

   -  Seats upto 20 customers indoors – Outdoor seating possible for 24 people

   -  Recent Full Renovation & new equipment – no more money to spend

   -  Full Commercial Kitchen with exhaust, storage, private toilet, and car park

   -  Top-class fit-out – Low rent – Ample off-street parking

   -  Staff: FULL UNDER MANAGEMENT 13 Casuals

   -  Long Lease 2+4 Years Option

   -  Uber, Instagram, Facebook & Website managed by DPOS

   -  TRADING: 7 Days 6:00 am to 3:30 pm

   -  Owner moving interstate

This would be a great opportunity to be your own boss

Current owner is happy to provide training to the buyer

Business potential:

Opportunity to trade as a bar or niche offering

Expand the food offers & hours

With a loyal customer base and dream location which is hard to find.

Price:  $100,000 WIWO - NEGOTIABLE

Property Code: 3058