Reference No: 117-NSW08592

Cafe and Restaurant

Price: $365,000

Premium CBD Cafe with PSA Liquor License For Sale

Without doubt, the best café in the busiest street in the Newcastle CBD!!
This iconic business has a very loyal following and is well known for its great atmosphere, healthy options and good coffee.
One of the particular strengths of this cafe is its ornately decorated "hipster sheik" fit out. It is contemporary, crisp and elegant. It offers high ceilings, lead lights and open windows to watch the world go by!
Other features of the business include:
* Highly visible corner location with harbour views;
* Outdoor seating parked beautifully under shady trees;
* Ideally located to capitalise on the expansion and redevelopment of the Newcastle CBD;
* Caters for breakfast and lunch only;
* Long term lease with very attractive terms;
* Option to rent upstairs apartment;
* Up to 60kg of coffee sold p.w.
* Run under management with fully trained staff in place;
* Excellent profits to support the asking price. Accountant prepared financials available upon request.
..... and much much more to discuss.
One of the hidden gems associated with the business is its full liquor (PSA) license,  which incidentally is not being utilised by the curent owners. The opportunity exists for someone to greatly increase turnover with some fairly straightforward changes to the premises to accommodate night time trading and make best use of the PSA license. These licenses are almost impossible to gain approval for in the Newcastle CBD..
This is a highly recommended business. Please don't miss this opportunity to inspect now!
# NSW08592
Broker: Stuart McLachlan
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Price: $365,000
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Contact: Stuart McLachlan
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