SOLD – Beachside Cafe in Premium Location – Newport, NSW

Description

Quick Sale- Price Reduced

Sales are consistent near around but it has a strong long summer period from October to May.

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