This very profitable, busy and easy to run cafe will enable you to benefit from the beautiful lifestyle opportunities Far North Queensland has to offer. What more could you ask for?
Lo’Anas Snack Bar is a bustling cafe situated in a prime location within the Hermit Park Shopping Centre on Charters Towers Road, Hermit Park. The very popular business is known for its outstanding customer service and has been owned by the vendor for 7 years. The air conditioned cafe caters for 30+ diners and has a strong loyal, repeat customer base.
Woolworths is the anchor tenant in the Hermit Park Shopping Centre and with Lo’Anas Snack Bar being positioned in the main walkway of the centre, a very high level of walk by traffic from shoppers is ensured. The shopping centre is in a central suburb and very close to the V8 Supercars and the new stadium development. In addition to Woolworths, other retailers include Prices Plus, BWS Liquor, Green Joe Wok & Sushi, newsagency, pharmacy, pattiserie and hair salon.
The ‘fresh homestyle cooking’ style menu is full of mouthwatering meals such as:
Employees & Hours
Lo’Anas Snack Bar currently trades the following hours:
The vendor works approx 15 hours in the business and engages the following fully trained casual staff with excellent barista skills:
The vendor advises that the business could easily be operated by a husband and wife team with 1 casual.
With the vendor only working 15 hours per week, the business is achieving a return on investment of 50%. If the new owner worked a standard 40 hour week and reduced wages to reflect this, they could expect to be earning a return on investment of at least 65%.
Areas of Competitive Edge
Many areas of competitive edge exist including:
Lo’Anas Snack Bar is being sold on a walk in walk out basis for $240,000 (neg).
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact: