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Restaurant for sale, Newcastle NSW

Photos: LINK Business Brokers

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About the business

A restaurant and bar with a downstairs restaurant and an upstairs lounge bar with balcony, in Newcastle, New South Wales. It is a Darby Street corner site with two distinct areas. The upstairs balcony can also be used as a private function space. It has a long term lease. Downstairs seating capacity is 62 people and the upstairs area has a capacity of 120 people. It has a liquor licence. The broker reports fully trained staff, POS systems and procedures in place, and that it can entertain up to 150 guests with a minimal number of staff.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $298,500 is paid

  • Your cash $89,550
  • Loan $208,950

What borrowing costs

$264,732 repaid in all

  • Borrowed $208,950
  • Interest $55,782
AU-17319Estimate

Asking price$298,500

Paid by

Your cash$89,550

Secured loan, 7 years at 6.98%$208,950

Each month

Loan repayment$3,150

Repayments each month

$3,150

Over 7 years you repay $264,732, of which $55,782 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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