Well Established Toronto Cafe & Takeaway | Newcastle Area | Low Rent
$160,000 plus SAV
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**
Members only
Staff No
2 Full Time (including 1 owner) 12 Casual/Part Time
Lease Info
Expires September 2025 with a 3 year extension option
Trading Times
Monday - Wednesday: 11am - 5pm Thursday and Sunday: 11am - 7.30pm Friday and Saturday: 11am - 8.30pm
Size of Premises
80 square metres
Opportunity
Introduce live music events
Broaden delivery areas
Extend opening hours
Diversify menu options
Easy to franchise or duplicate in the near future
Alcohol licence would see other opportunities
Early opening to capture the breakfast trade as all staff have attended barista training and doing so would significantly increase coffee sales
Introduce a food van service which can also attend local events raising revenue and the business profile further
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.