The Depot on Darby_One of Newcastle’s great cafes

This fantastic and perfectly located Newcastle café was established only 7 years ago by the current owners and it is already highly profitable and considered one of Newcastle’s best cafes.

The business has developed a great reputation for quality food and service. The current owners have decided to sell the business to focus on other non-hospitality related business interests and leave the new owners to make their own statement and enjoy the benefits that are sure to follow.

Features of the business include:
– Awesome lease 5 years + 5 year option till 2024; (started 1 Oct 2014)
– Rent $202,122 pa Incl. GST and outgoings
– 2015 Turnover $2,055,917 (weekly turnover currently averages $47K pw)
– On target to generate net profit in 2016 for current owners’ of $350,000 pa
– Great location in Newcastle’s premier cafe strip
– Liquor licence – 6am till Midnight Mon-Sat and 6am till 10pm on Sunday
– Great team and systems already in place
– Quality and extremely versatile seating and dining areas
– Currently seats 116 people
– Open 7 days – 6am till Midnight Mon-Sat and 6am till 10pm on Sunday
– Weekly coffee usage averages 36kg with plenty of food service
– Premium and trusted brand (not a franchise)
– Extensive list of ‘newish’ and well maintained equipment
– Great social media platform – Facebook, Instagram accounts and website included

This is a must see opportunity and won’t last long!

# 14180
Broker: Ian Jones

To complete an online confidentiality agreement visit this business at: http://ift.tt/1LFvois

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

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