LINK Business Brokers Australia

About this Business for sale in Newcastle & Region

This is a unique opportunity to buy a recently fitted out  food court business located in the Raymond Terrace Central Shopping Centre, just north of Newcastle. The business has recently offered Thai & Asian Sit-down or Take-Away Wok-fried dishes. Features of the opportunity include:

  • An as new fit-out fully equipped with 2 wok burners; 1x bench top deep fryer; 1x noodle bar; 1x hot baine marine; 1 x double door upright freezer; 1 x dishwasher; 1 x coolroom,
  • Very reasonable rent at  only $690 per week. Over 3 years remaining on the current lease.
  • Plenty of adjacent seating.
  • Busy shopping centre precinct, with both residential and commercial customers within walking distance.
  • Anchor tenant is one of the highest grossing Woolworths stores in NSW.
  • Not restricted to Thai cuisine – Indian, Chinese, Malaysian, Vietnamese would be ideal.

Please note that the business closed during the last Covid lockdown, so that there is an opportunity for a new owner to re-open and capitalise on the current easing of Covid restrictions and the busy upcoming Christmas trading period.

Be quick, as this opportunity surely won't last long!

Listing # NSW10071
Broker: Stuart McLachlan

To complete an online confidentiality agreement visit this business at https://linkbusiness.com.au/businesses-for-sale/ca/NSW10071

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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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW10071
Price: $50,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Central & North Coasts, Newcastle & Region
Food/Hospitality, Takeaway Food
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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