Reference No: 3322054

Food and Hospitality
Newcastle NSW

Price: $80,000

Newcastle 5 day cafe and espresso bar For Sale

On offer for the first time in 8 years are two exciting venues in the Newcastle area.

One venue is a purpose built 40 seat café in a busy commercial area with Newcastle harbour views. This site includes a fully functioning kitchen with walk in cool room and caters to a thriving breakfast and lunch trading period.

The second site is a  compact and efficient espresso bar requiring just one staff member per day and located in the foyer of a multi-story office building a short walk from the café.

The café also provides a catering service to a large number of commercial offices in the immediate area.

A key highlight for any buyer is the Monday to Friday trading days and both sites close by 3 in the afternoon with no weekend trade. The locations are well positioned to accommodate businesses and residents with more residential & commercial developments nearing completion in the area.

These two sites are priced well below replacement value and offer an opportunistic buyer two turn key businesses in a thriving growth part of Newcastle, with lifestyle friendly trading days.

Currently these sites are run under management with an established small team of fun, hard working staff.

Yes - the price is correct $80,000 + SAV (including $47,000 of assets) for both locations.
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Price: $80,000
Direct Business Hub
Address:
426 Hunter St
Newcastle, NSW, 2300

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Contact: Admin @ Direct Business Hub
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