Fern Bay NSW 2295

$480,000

BUSY TAKEAWAY STORE - FERN BAY, 20mins NEWCASTLE NSW

This family-run takeaway is so busy the owners don’t even need to advertise!

This potential-plus opportunity is located at Fern Bay, just north of Stockton – that’s across the Hunter River from Newcastle. With the river one side, and the Tasman Sea the other side, the town allows easy access to the Hunter Valley, and north to picturesque Fingal Bay and Nelson Bay. Located on Nelson Bay Road, it’s also central to Newcastle Airport (9mins), Kooragang Island and Stockton Beach.

Fern Bay is where subtropical forest merges seamlessly with the sea, creating a beachside community where lifestyle is all-important. Fern Bay is conveniently close to everything - shops, schools, tennis courts, sailing club, public swimming pool and bowls club.

This area is currently undergoing a residential expansion program with a large development being built between Nelson Bay Road and Stockton Beach. Add to that the three Over 55s villages nearby, and it can only mean one thing – the store will become even busier and more profitable.

Currently running 6 days a week, with 4 full-time and 2 part-time staff, the store delivers a revenue of over $1.1 million per annum. The takeaway has a great frontage with room for outdoor tables and chairs. There’s plenty of seating inside, too, and a good range of fridges and display units.Fully renovated with new fittings, this business has never-ending potential for growth.

With new projects happening around the industrial areas, loyal local customers and tradesmen, just decide how much money you want to make and go for it!

Price: $480,000

Property Details