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Newcastle Espresso Bar, Run Under Management

Description

Located in Newcastle, an area known for its laid-back lifestyle and pristine beaches, diverse population, parklands and great sporting facilities, this popular espresso bar has been established for the past 3.5 years with the current owner having been in charge from the beginning.

Situated within one of the city’s western suburbs, rapidly increasing in popularity and benefitting from strong recent growth, plus only a short 20-minute drive to Newcastle’s city centre and approximately 90 minutes to Sydney with easy transport links.

The business can be found along the main street, in the heart of the suburb and is surrounded by shops, offices plus close to schools and residential areas so there is no shortage of passing trade throughout the day and evening. Plenty of on-street parking is also available for quick and easy access.

Well known throughout the area for serving great coffee and having a popular breakfast and lunch menu, the business is well supported by locals, office workers, tradies, and visitors to the area’ most can’t visit without ordering the house hash stack and corn fritters dish which rates highly on all their social reviews’ a must have!

The premises are approximately 60 square metres in size, with indoor seating for up to 24 patrons, in addition there is an al fresco dining area which can seat a further 10 customers.
The interior is stylishly presented and welcoming with a funky vintage vibe which includes retro sofas, a large counter area plus an abundance of hanging plants.

All equipment was purchased in 2018, remains in good working order and is serviced regularly.

Opening hours are 7am until 3pm Monday to Friday, 7am until 12 noon Saturday and 8am until 12 noon on Sundays.

Operated by eight members of staff, all casual the business is run under management.

There is 5 months remaining on the current lease, with the option of a further 2 x 2.

After creating and running this successful espresso bar for the past 3.5 years, the owner has achieved her goals and is ready to move on to new ventures.
This creates a fantastic opportunity to capitalize on a solid well-run and profitable business, with excellent daily operational procedures already in place.

Opportunity to increase the turnover by extending trading hours until 4pm to cater for the after-school market, extend weekend trading until 2pm to cater for the lunchtime trade as currently this business is the only food establishment along the main street would see an immediate and positive impact on turnover.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

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Note to buyers: This business is being sold by the owner with our support from GSE through our Six Steps to Sale Program this means that you will be dealing directly with the seller. 

GSE will send out information about the business for you and if you wish to view the business this will be arranged directly with the seller.

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