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Profitable awarding winning freehold chalets / restaurant / craft shop on Tamborine Mountain Gold Coast |
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PEBITD (FY2009) - $271,968
• Profitable and well established
• Approval to open the craft shop and restaurant from 7am to midnight 7 days a week.
• Varied accommodation options to suit all visitors
• Three income streams (accommodation / restaurant & craft shop)
• Qualified and experienced staff
• Experiencing strong growth and increased profits despite the economic slowdown
Tamborine Mountain is one of Queensland’s best known tourist attractions and attracts over 1.6 million visitors a year. This business benefits from these visitors as they offer three essential services to all guests and visitors in the region. This business offers a Restaurant, a Craft Shop/Art Gallery and a range of accommodation options including family and group accommodation and weekend getaways for couples.
This business is located in an ideal position just 45 minutes drive from Brisbane city and 30 minutes drive from the Gold Coast. It attracts many visitors from interstate, intrastate and worldwide. Many coaches and day tours stop right outside the front entry of this business as there is an unlimited bus and coach parking area. This business has three main revenue streams: the Restaurant produces 58% of turnover, the luxury Chalets 24% and the Craft Shop 18%.
Currently this business operates a restaurant six days a week opening from 8:00am to 5:00pm. The restaurant seats up to 145 people and has indoor and outdoor dining available. The restaurant serves meals to cater to all customers including hot and cold options. The restaurants offers customers an all day breakfast menu, a light lunch menu and customers can also select food from the display cabinet.
This business has an impressive Art and Craft Shop. The shop stocks many Australian and Tamborine Mountain souvenirs as well as many paintings, pictures, pewter and opal jewelry, music, health products, hats, jumpers and much more. The shop is located next to the restaurant and creates a warm welcoming atmosphere with its spacious arrangement and beautiful high wooden ceilings.
The accommodation offered at this business is very popular. The property has six magnificence chalets each secluded amongst the properties beautiful gardens, and rainforest setting. Each chalet includes a queen size bed, ensuite, dual hydro-therapy massage spa, fireplace, semi self contained kitchen and a private veranda. The owner’s original house has been refurbished and provides accommodation for families and groups.
The residence is two levels and consists of four bedrooms, two with ensuites and a family bathroom with spa bath upstairs. Downstairs consists of an open plan kitchen, breakfast room, lounge and dining room, built in fireplace, laundry alcove and raised cathedral style ceilings. Downstairs also has a separate guest flat consisting of one bedroom, lounge, kitchenette and bathroom. An office is also located downstairs and has separate access as does the guest flat and main two storey residence. Accommodation at this business is busiest throughout the winter months and is a popular weekend destination for couples throughout the year.
This business has seen an increase in customers recently and feels the recent economic downturn has not negatively affected their business. If anything it has increased the number of people visiting the area for both day trips and weekends/holidays. A significant number of local residents from Brisbane and the Gold Coast are choosing to holiday and take day trips closer to home rather than travel long distances. The population is also increasing as people move further from the cities to quieter and more affordable suburbs such as Coomera, Helensvale and Oxenford. The opportunity exists for a new owner to grow this business in various areas. Approvals are in place to open the Restaurant and Craft Shop from 7:00 am to 12 midnight daily. A new owner may want to introduce evening meals to this business and/or open on Monday’s. The business does not currently have a liquor license however is within the zoned area to apply for one. In the early years this business operated a nursery and a new owner may want to reintroduce this as it complements the existing business structure and an approval is in place to operate one.
This business opportunity is ideal for someone wanting to invest in an excellent business model and spend the time and effort needed to expand and utilize the existing strengths to further expand and grow this business.
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- REF: 2019
- Industry: Accommodation / Tourism / Cafe / Craft shop
- Location: $Gold Coast
- Price: $Selling for $2.8 Million
- S.A.V: $
- Working Capital: $
- EBIT: $
- PEBIT: PEBITD (FY2009) - $271,968
- Years Est:
- Staff:
- Hallmark Office: Gold Coast
- Call: 1300 854 655
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