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Premium Darby Street Cafe, Restaurant and Bar

$550,000 + SAV

  • ID Ref 2972
  • Suburb Newcastle
  • State NSW
  • Status For Sale
  • Premium Darby Street Cafe, Restaurant and Bar

Business Description

This Darby Street cafe and restaurant is an icon! It delivers an extensive menu, catering from simple takeaway coffee and exquisite breakfasts and lunches to mouth-watering dinners and desserts.

The Owner has spared no expense; from the fit-out and design right through to the development of quality staff which now provides him with the opportunity to work full time in another business.

The street has always been a fan favourite and the area is set for further upside and growth with the imminent completion of the Newcastle Light Rail Project and the rise of inner-city apartments and commercial offices. This is your chance to capitalise on this beachside suburb's growing coffee and food culture.

With revenue just under $2M and the adjusted net profit of around $250,000, this is a business that you simply don’t want to miss. It also includes a 3-bedroom apartment upstairs that yourself, a close friend or family member could take advantage of, or potentially use the space for an office or storage.

If you are interested in finding out more about this quality opportunity, please go to www.merchantbrokers.com.au and simply register as a buyer on our system. You can instantly download a Business summary – It is a quick and simple process to see if this is an opportunity you may want to explore further. Alternatively, call Shane Fox on 0415 40 7777.

Business Features / Snapshot

Other Features / Notes

Includes a 3 bedroom unit

Your Business Broker

Shane Fox

Business Location

Newcastle, New South Wales 2300