Restaurant-Bar-Entertainment .....only $225,000 - A unique opportunity to own an iconic restaurant in the Gold Coast Hinterland
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“Three Little Pigs” is an iconic restaurant and bar that is a long-established institution in North Tamborine. This is possibly the most picturesque location in south-east Queensland with a definite rural English village feel while sitting on top of Tamborine Mountain overlooking the beaches of the Gold Coast, Australia’s playground.
Three Little Pigs is an extremely popular venue with Gold Coast locals and tourists alike. Located on the main tourist walk, the restaurant is a welcoming beacon to all passers-by. Recently undergoing a high-quality fitout, Three Little Pigs has the feel of an Alpine chalet with exposed wooden beams, bespoke wooden tables and chairs and an open fireplace for cool mountain days. There is a very homely, relaxed feel that has patrons returning again-and-again. There is also ample onsite parking and a small al-fresco area to enjoy the outdoor vista.
Three Little Pigs is famous for it’s superb food and world-class service. The feedback from diners has generated extraordinary compliments. Over 190 Trip Advisor reviews has resulted in a 4.5 star rating and the number one restaurant ranking on Tamborine Mountain. Equally impressive, Zomato ranks us with 4.1 stars from 85 reviews and we have reached a massive 880 likes on Facebook. These rankings and reviews plus positive word-of-mouth feedback, means that there is always excellent trade.
Whilst current trading results are excellent, the potential here is virtually untapped. Current trading results show a net profit of approximately $190,000 and this is achieved from only 50 trading hours. Current trading is only 8am-3pm on Sunday, Wednesday and Thursday with 10:30pm closing on Friday and Saturday. Growth could be spectacular from an experienced restaurateur with some marketing flair. Extended trading hours plus the introduction of entertainment would dramatically increase turnover. Because of the beauty of the location, there is also the opportunity to utilise unused space and attract high-margin conferences and private functions.
A new owner needs only to open the door to be profitable from day one. Your imagination and entrepreneurial flair is all that is needed to take this iconic bistro to the next level. It is not inconceivable that profits could be doubled in twelve months from a dedicated and astute operator. As we said earlier, this is a unique and rare opportunity to own an iconic restaurant so ACT TODAY! To arrange an inspection, please call Joe Farr on the number above NOW!