Cafe for sale, Newcastle NSW

About the business

A cafe and takeaway selling coffee, sandwiches, burgers, chicken schnitzel, hot dishes and offering breakfast and lunch combo, in Newcastle. It trades 5 days, Monday to Friday, 6 a.m to 2:30 p.m, with 1 owner plus 3 staff. It has 40 seats inside and outside and a full commercial kitchen. The shop is approx. 90 m2 including commercial kitchen plus a cool room, on a street front in a large industrial area close to Silverwater suburb. An attached one bedroom, bathroom and living room are upstairs. The lease is 5 + 5 years and commenced March 2018, and a new 10 year lease can be negotiated with landlord. The reason given for the sale is other business commitment. The broker reports less competition.