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Newtown’s Delicatessen Cafe

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Newtown’s Delicatessen Cafe

Independent Business Newtown 3220, VIC $220,000
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Specialising in great coffee, quality deli meats and cheeses and fresh in-house made breakfasts and lunches, The Newtown Delicatessen Cafe is the perfect sized cafe in the right location.

Situated in the Newtown end of Pakington Street, the Provedore enjoys the benefit of regular local customers, including residents and people working in the area and those who like to visit.

The key features of the business are:

• Pakington Street is a very sort after location with strong residential and local business community support

• The deli with fresh meats and cheeses and specialty foods is a key point of difference that is also suited to the local clientele

• Affordable rent and a further 5 x 3-year lease renewal options provide very secure terms for a new owner

• Well known for its great coffee and freshly made meals and snacks ensures the business maintains loyal customers as well as attract new visitors

• Very consistent turnover and solid returns to owners

What makes the business successful?

The café is known for its coffee and fresh food, complementing the new, relaxing and inviting décor. However, the key point of difference is the deli produce and the ability to cater as needed for the small functions within the local community.

The business operates from Monday to Friday and Saturday mornings as a lifestyle choice by the owners. Seating 30 people comfortably inside and another 12 people outside, the business produces an excellent return to the owners.

Supported by up to 2 casual staff, the owners have created a very manageable and well-organised business enjoyed by the owners, staff and customers alike.

Given the location, the rent and lease terms are outstanding and the premises includes rear access and parking for up to 4 vehicles if needed plus ample storage. The current owners have put the processes in place to ensure the continued success of this business. They have decided to retire and allow new owners the opportunity to build on their very strong foundation.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.

Asking Price: $220,000 + SAV

Finn Business Sales
Geelong & South West Victoria
(03) 5259 9970

Broker: Alan Wood
0400 792 811
alan.wood@finnbusinesssales.com.au

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