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Takeaway Shop For Sale

Newcastle, New South Wales, Australia
Asking Price:
$210,000 (AUD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Back on the market within 12 months….. regretful sale due to family relocation to Sydney!

A successful long-established icon in the same location for over 50 years. Positioned on one of the busiest roads leading in into town, the takeaway sits directly in the catchment area of one of the biggest growth areas of Newcastle, Fletcher/Maryland/Cameron Park (including new estates such as “The Outlook” and “The Sanctuary”).

The shop sells mainly takeaway food (burgers, fish & chips etc) but does stock several convenience items and was previously known as convenience store/corner shop with takeaway food.

A keen working partnership (currently operated by a husband-and-wife team) can earn a very good income with turnover consistently exceeding $12,000 – $13,000 per week (approximately). The business is well positioned just around the corner from an industrial estate and a local High School. Catering and a delivery service is currently provided but there is scope to further expand this under new ownership.

The shop includes all plant & equipment (upgraded fridges and freezers) and a spacious cooking/kitchen area as well as a large walk-in cool room with display fridge, office area (including CCTV), shower/toilet facilities and several storage areas.

Expansion of the current menu would bring additional customers and with its prominent position the shop has the potential to expand/diversify into other food lines to further grow sales (e.g. adding pizza’s/kebabs etc. would further grow your income). Due to the shops highly exposed location and access to private car park (over 8 car spaces), it would also be an ideal shop to add takeaway coffee.

An astute, dedicated owner could look to freshen up the shop (with a fresh coat of paint) and make some minor changes to the menu and turn what is an already profitable operation into a booming and thriving takeaway.

This is a regretful sale due to family reasons with the owners requiring a quick sale due to having to relocate back to Sydney to be with sick family, so the price is negotiable.

An unbelievable opportunity and a must inspect!!

Contact Raine & Horne

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