Granny Mac's Fudge Shop

Located on famous Gallery Walk Tourist Strip, Tamborine Mountain

Exclusive Listing.

This wonderful business is well-established with a loyal following. Excellent staff in place who primarily run the day-to-day activities with owner working only between 10 to 15 hours per week by choice.

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This wonderful business is well-established with a loyal following.

Excellent staff in place who primarily run the day-to-day activities with owner working only between 10 to 15 hours per week by choice.
Can be fully operated by the current experienced and trustworthy staff.
However, current weekly wages of more than $4,500.00 can be reduced with a hands-on working owner.
Located on the famous Gallery Walk that is a tourist attraction for visitors to the Scenic Rim.
This popular street features over 60 Art Galleries, Fashion Shops, Winery, Artisan Candy Stores, Chic Homeware Shops with laid-back Restaurants and Cafes.

Owner states weekly sales of over $11,500.00 (pre-covid) but sales are beginning to pick up again.
Like all other tourist precincts, Gallery Walk was also adversely impacted by border closures due to the pandemic, however recent months has seen a huge recovery, especially on weekends.
Great indoor and outdoor seating area.
The business has a reputation for great old-fashioned service.
A compact kitchen is fitted with a large exhaust canopy, turbo-fan oven etc. that can be utilised to add more hot food items to increase sales. Opportunity to also open nights.

Bonus 2-bedroom flat that is currently rented on a 6-month lease returning $380.00 per week. Ideal for owner-operator who wishes to move to this glorious part of the world.

Reason for Sale:
Owner is retiring.

Brokers Comments:
A rare opportunity to purchase this business on famous Gallery Walk, Mount Tamborine.
This well-established business will suit a buyer who has an eye for bargain as a huge potential to grow the business even further.
Only a quick 25-minute drive from the Gold Coast.

Overview

Lease Term: Current lease expires in 2024 with 2 x 3- year options
Current Rent: $1,166.00 per week (less $380.00 pw rent from 2-BR flat) + GST plus Outs.
Price: $295,000 plus SAV - Submit All Offers!
Code: 303624

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.