NORTH TAMBORINE QLD 4272
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- 2 Sep 2016
Platinum Properties presents the #1 Restaurant in North Tamborine!
MASSIVE PRICE DROP!
Rarely does the opportunity arise to take over an established icon such as the "Three Little Pigs" Bar & Restaurant at North Tamborine. All the hard work is done, just take over, settle in and have some fun!
- Great main road location in the centre of North Tamborine
- Popular venue with the locals plus great tourist trade
- Consistent trade and regular bookings
- Secure competitive lease of 13 Main St, North Tamborine, balance of 3 year lease + 3 year option
- Approx 320m of internal space on a 635m block
- Recent quality fit-out
- Onsite parking
- Extra space, with the possibility of setting up for functions, conferences etc.
- Currently trading 5 days per week
- Potential for further growth
Well established online presence including:
- Active Facebook page with over 880 likes and local user engagement with the promotion of events and special deals
- 4.5 star Tripadvisor rating with over 190 reviews & #1 in North Tamborine
- 4.1 star Zomato rating (formerly UrbanSpoon) with over 85 reviews
- Excellent Google search placement
2014-2015 Net profit approx $190,000
Current lease approx $4,100/month + outgoings + GST
Full financial details can be provided after signing our non-disclosure agreement.
Contact Joe Farr at Platinum Properties for more information about this amazing opportunity.
Property Code: 1483
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information