About the Business

Urgent Sale

Asset sale and leaseholdforCalamariRestaurant , Cafe & Bar in New Castle (New South Wales)

An exciting opportunity to purchase a modern Indian restaurant, cafeand bar in the prime location of Newcastle, NSW, with a solid foundation and room for growth. This sale includes a fully licensed restaurant and bar, offering a diverse dining and drinking experience, as well as a versatile all-day licensed cafe, perfect for coffee lovers and dining. A great investment for someone looking to own a well-established, fully compliant establishment with the potential for continued growth in a vibrant market NSW. We are offering this business for sale at a competitive price of $50,000, reflecting the opportunity to Capitalise on the existing assets and market demand.

The cafeif run with right management and marketing strategies there is a substantial opportunity for profit.

Business Overview
• Established:January 2024
• Business Type:Restaurant and Bar
• Size:Seating Area = 1,350 square feet
• Kitchen Area:150 square feet
• Rent: $5500 per month
• One room plus bathroom accommodation available on top floor
• Seating Capacity:50 people
• Lease Terms:4 years and 1 month + a further term of 5 years
• Employees:5 - 6

Current Opportunity for Profitability
• Several improvements and market opportunities are set to turn the business profitable. Here are some key reasons why the caferepresents an attractive investment:
• Turnkey operation and Customer recognition:Fully equipped and operational The cafehas built some customer base, with repeated business. This will provide a new buyer to capitalise on the existing market built in last 1 year.
• Operational Adjustments:Recent cost-cutting measures, including renegotiating supplier contracts, streamlining staffing, Optimising inventory management, have already started to improve margins.
• Licences and Permits:
• Fully compliant with allhealth and safety regulations, ensuring a secure and hygienic environment for staff and patrons.
• Food Safety License:Ensures all food handling and preparation meet regulatory standards.
• Liquor License:Fully Licensed and approved to serve alcoholic beverages, opening opportunities for a high-margin revenue stream.
• Operating Permits:Includes fire safety certification, municipal business permits, and any specific local compliance certificates required for operation.
• Transferable Licenses:All licenses and permits are transferable, enabling a smooth transition for the new owner without administrative delays.
• Revenue Expansion Opportuni