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Thriving Cafe & Espresso In Newport, Sydney For Sale

Newport, New South Wales, Australia
Asking Price:
$98,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $98,000 + SAV
- Categories: Food/Hospitality
This local and trendy espresso bar/ hole in the wall style cafe/takeaway has a great Northern Beaches location, low rent, good lease terms, lite cooking facilities and potential for catering. Very well established in the area. The main point of difference is that it offers high quality coffee, ready to go items eg toasties, wraps, bacon & egg rolls and an easy menu. Very high takeaway sales as most customers grab & go. Short hours closing at 2 pm - Priced at $98,000 plus stock.

Other features of the business include:
- Rent $508 p.w. ex gst
- Weekly sales $10,000 - $11,500 and approx. 25 -28 kg of coffee p.w.
- Potential to open longer hours
- Located in a bustling retail strip with easy parking
- Seating:18 undercover outdoor seats
- Reason for sale: owner looking for a change after 7 years (Est 2016)
- Lease till May 2024 + 5 year option till May 2029
- Vendor owns the coffee machine

The business would ideally suit an owner operator or couple.

This is a great opportunity to take over a great local espresso bar in the Sydney Northern Beaches/Newport Area.

Priced to sell!

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.

Purchasers are required to make their own enquiries in order to verify the information provided.