Successful Italian Eatery in Newcastle

Tyne and Wear
REF: 04908

Asking Price:
£450,000
Annual Turnover:
£1,238,246
Annual Net Profit:
£180,271
Reduced
REF: 04908

Overview

Tenure:
Leasehold
Established:
1995
  • Dynamic cafe business
  • Enviable city-centre location
  • Good reputation for food and hospitality
  • Highly profitable
  • Authentic Italian menu

A unique café and restaurant located in the centre of bustling Newcastle.

This well-placed eatery experiences heavy footfall six days a week and has a high level of repeat business from the hundreds of satisfied customers who relish the Italian delicacies that are a speciality of this café.

Established in 1995 by the current owner, the business has enjoyed steady growth and now boasts a healthy turnover of over £1 million, with lots of growth potential for the right buyer. Sensibly priced and with bags of charm, this is an opportunity that bears closer inspection.

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