LONGSTANDING CONVENIENCE/TAKEAWAY BUSINESS IN PRIME LOCATION – 4 BEDROOM ACCOMODATION INCLUDED

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Newcastle Area NSW

LONGSTANDING CONVENIENCE/TAKEAWAY BUSINESS IN PRIME LOCATION – 4 BEDROOM ACCOMODATION INCLUDED

Description

An exceptional opportunity is available to acquire a well-established, community-loved convenience & takeaway store located in the heart of a beautiful Port Stephens coastal village.

Complete with a 4 bedroom home, this popular local business has been a staple of the neighbourhood for many, many years, providing grocery items, takeaway food, snacks, drinks and good coffee for locals & holidaymakers alike.

Key Features:
• Consistent turnover, showing profit and growth year-on-year
• 3 x 3 year lease to 2030 for the combined business and 4 bedroom house at only $795 p.w.
• Prime high street position with excellent street exposure and strong foot traffic
• Located in a high growth corridor just moments from the waterfront
• Limited Competition
• Fully equipped, with an updated fit out
• Award winning with exceptional social media presence and reviews including an extensive following of over 4,000 followers combined on Facebook, and Instagram.

Huge potential exists for a focus on a café expansion as well as growing the delivery space and introducing coastal themed retail items.

Having raised their family, the current owners are now relocating to the countryside and are looking to pass the baton on to the next owner. Full training will be provided by them to ensure a smooth transition to the next owners.

Suitable for a working owner or as a family run operation, this is a very rare opportunity to step into a proven business model in one of Port Stephen’s most desirable suburbs and have a residence in which to live and enjoy a coastal lifestyle.

Call Anthony today to receive a comprehensive Information Memorandum and arrange a confidential inspection.

**please note for confidentiality the image in this advert is generic and is not of the actual business & interested parties must rely on their own enquiries **

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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.

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