Beachside Cafe in Premium Location – Newport, NSW

(no street name provided), Newport NSW 2106

$140,000

BusinessSize: n/a
Business ID: BS150360

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:
-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
-8 well trained, casual staff - Over $98k of Assets
-Uber, Instagram, Facebook & Website managed by DPOS
-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: $140,000 + SAV

Inspections

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Key details

Property type:
Business

Other Details

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Property history

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Newport suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
9,659
Listing ID: 181030860. This listing has been viewed 6 times. It was first displayed on 05/10/2022 and last updated on 06/10/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.