Sold

Newcastle Area NSW

Well Established Toronto Cafe & Takeaway | Newcastle Area | Low Rent

Description

Be your own boss with an established Retro Style Diner – Takeaway – Cafe, located within a thriving lakeside suburb surrounded by drawcard local cafes and services.

The enviable position of the business allows maximum footfall and passing trade making this diner well known amongst locals and regular visitors to the area, with Newcastle an easy 30-minute drive away.

Enjoying low rent and an easy to operate model, the business offers a 50’s diner style menu that appeals to all ages including items such as burgers, hot dogs and loaded fries plus a mouth-watering range of homemade ice creams and shakes for patrons with a sweeter tooth.

Boasting a strong online presence with very favourable reviews, home delivery partnerships are already in place increasing the daily turnover significantly.

The diner offers an abundance of retro charm throughout its 80 square meter interior with seating for 30 customers and currently operates 7 days a week.

The lease runs until September 2025 with a 3-year extension available, providing solid long-term security for potential purchasers.

Having been exhaustively prepared for the market with excellent operating procedures already in place this business will tick all the boxes that a savvy buyer will be looking for.

This is an ideal start for a new owner or working couple who wish to take advantage of the lifestyle benefits and strong turnover of an easy to run, local business within the Lake Macquarie/Newcastle area.

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

Loading

Staff No

Lease Info

Trading Times

Size of Premises

Opportunity

Weekly Sales & Turnover

Cost of Goods​

Wages

Net Profit​

Turnover (inc GST)

Gross Profit​

Rent

Business Listed by

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.

Request more Information about this business

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form