Shingle Inn Loganholme is part of a longstanding café franchise in Brisbane which has a well-established franchise model as well as network marketing programs, systems and procedures to support the business’ operations effortlessly.
The business has a five-year lease contract in place which has approximately four years remaining. As the business was recently established in 2021, its premises have recently been fitted out. As such, a prospective purchaser could maximise the business’ fittings as well as the shopping centre’s heavy foot traffic for the remainder of the lease agreement without investing in further premises upgrades.
Despite only accounting for 8 months’ worth of revenue, the FY. 2022 Normalised Net Profit already surpassed that of 2021 Financial Year by 346%.
The café is situated within the bustling Hyperdome Shopping Centre in Loganholme, Queensland. This is the largest shopping centre in the region and features an impressive selection of shops for food, fashion, retail and leisure that attract a high volume of foot traffic.
Currently, the vendor works only one day a week in the business. With the proper systems and procedures in place, a prospective new owner would not need to be in the business’ premises always. However, to promote productivity, excellent customer service and profitability, the business would be suitable for an active owner-operator.
Shingle Inn Loganholme has competent staff in place who has been trained in the operational workflows and service standards of the franchise. The business currently has two staff members – one part-time and one casual, five trainees and one supervisor respectively.
Property Code: 168