Biddy’s Snack Bar Takeaway – Townsville

AU$285,000
May 17, 2022

Description

Take advantage of this prime opportunity to purchase a highly profitable and very well established snack bar in a pumping industrial area … with a 50% return on investment for an owner operator!   

Business Overview
Established since the 1990s, Biddy’s Snack Bar is perfectly located at Unit 1, 70 Pilkington Street, in the industrial area of Garbutt. This busy main road central location has high exposure to passing motorists and is situated close to the Townsville Airport and major arterial roads.

The current owners purchased Biddy’s Snack Bar in 2019 and the business has continued to be very popular with tradesmen and workers in the surrounding area. Well known for having the ‘best crumbed steak sandwich’ in Townsville, the simple but tasty menu also includes burgers, wraps, burgers, pies, sausage rolls, fish and chips and other fried food.

Business Hours and Employees
Biddy’s Snack Bar trades 5 days a week, Monday to Friday from 5.30am – 2.00pm. One owner works full time, the other owner works part time and three casual employees are engaged by the business:

  • 1 x cook/shop assistant for 30-35 hours per week
  • 1 x cook/shop assistant for 15-20 hours per week
  • 1 x cook/shop assistant for 15 hours per week

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Very well established business
  • Excellent reputation for quality takeaway food
  • Perfect main road location in an industrial area
  • High exposure to passing motorists
  • Very profitable with a 50% return on investment for an owner operator
  • Business traded well throughout the covid-19 pandemic
  • Facebook page with over 750 followers
  • 5 star rating on Facebook and Google from customers
  • Great cash business
  • Long lease with affordable rent
  • Well trained employees
  • Perfect business opportunity for a couple or family
  • Only work 5 days a week
  • Great work/life balance
  • Option to extend trading hours and days

Business Price
Biddy’s Snack Bar is being sold for $285,000 wiwo (neg).

Contact
To receive our Sale Proposal, please complete our Confidentiality Agreement at www.beyond2000.com.au/confidentiality-agreement or contact our Business Broker.

Business Broker
Susan Butler – 0419 905 463
susan@beyond2000.com.au
www.beyond2000.com.au