Industrial Canteen & Takeaway - MBB

Cafe/Coffee Shop Food/Beverage Takeaway Food
NEWCASTLE

This is located in a prime position just out of Newcastle yet through main road exposure captures so much traffic. The other benefit with location is the superb parking and other key businesses around.

This business is best described as an industrial canteen as it offers a great selection of hot and cold takeaway, coffee and drinks so all the fussy eaters are covered. Takeaway is where the business thrives and there is a small area for those who can afford a little more time and eat a meal.

The business trades JUST 5 DAYS from Monday to Friday from 6am to 2pm. Enjoy weekends off, public holidays and close for 2-3 weeks over Christmas.
With low rent of 5% or so of turnover and long lease to 2027 your location is secure.

The current owners who have thoroughly enjoyed this business over 20 years are now looking to step back for a lifestyle change. The good news is they have been financially successful with an adjusted Net Profit of $188,000 for EOFY2016 and this has been fairly consistent over the recent years.

If you are interested in finding out more about this quality opportunity, please go to www.merchantbrokers.com.au simply register as a buyer on our system and you will get a business summary before completing an online confidentiality agreement. It is a quick and simple process to see if this is an opportunity you may want to explore further or alternatively call Shane Fox on 0415 407777.

Business Financials

Image Gallery

Summary

  • Listing ID MBB037
  • Status Sold
  • Location NEWCASTLE
  • State New South Wales
  • Price SOLD

Contact Broker

Shane Fox
Shane Fox

Finance information

Access financials and documents once verified. Your information stays confidential.

Legal information

100+ experienced brokers matching buyers and sellers across every state.

About business finance

Get clear guidance on funding options so you can move forward with confidence.