NORTH TAMBORINE QLD 4272
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- 10 Nov 2016
#1 Restaurant in North Tamborine! Excellent Business Opportunity!
MASSIVE PRICE DROP!
A very rare opportunity arises to purchase a very well established business located in North Tamborine. The "Three Little Pigs" has become available to take over this excellent business. All the hard work is done, just take over, settle in and have some fun!
This place is known for it's delicious food and excellent service and with a well established online and local presence, this is a perfect opportunity to obtain a well reputed business.
Online presence including:
- Active Facebook page with over 1253 likes, and local user engagement with the promotion of events and special deals
- 4.5 star Tripadvisor rating with over 302 reviews & #1 of 21 restaurants in North Tamborine
- 4.2 star Zomato rating (formerly UrbanSpoon) with over 5 star rating reviews
- Excellent Google search placement
- Great main road frontage in the centre of North Tamborine
- Popular venue with the locals plus great tourism 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 modern 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
2015-2016 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 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