Business For Sale. This well-known restaurant in Port Douglas is being offered for sale and is ready to be taken to the next level.

Little Larder is situated in a commanding position on Port Douglas’ main street amongst retail outlets and other culinary restaurants in the Portico Shopping Center, including a cocktail bar, Thai restaurant, intimate Artisan restaurant, Gelato bar, Pizza shop, convenience store, modern Australian restaurant and a florist. The desirable corner location is surrounded by tropical gardens with a lovely outlook for diners in this central location.

There are shared/maintained toilets within the Portico shopping complex and 52 parking spaces (including under cover). A further 26 (2hr, council regulated) roadside parking spaces surrounding the shopping complex.

Located on Port Douglas’ main street, 300m from Four Mile Beach and 600m from Wharf Street, allowing for maximum exposure, easy access and great brand recognition opportunities.

There is a continuous flow of tourists who frequent the restaurant from the surrounding resort apartments and hotels, and a great reputation amongst locals and Cairns day-trippers.

AT A GLANCE:

Fully Furnished/Equipped
Front of House: appx. 200 m² | Capacity: 86 covers (6 zones @ appx. 100-150m²) + Wet Bar: 6m in length
2023 Income: $1,308,460.00 | 2024 Income: $1,035,561.39 | 2025 (YTD – 31/12/24): $735,254.62
Rent: $85,000 + GST per annum. Inclusive of outgoings “Gross Lease” and grease trap maintenance & disposal, plus utilities | Currently in its second (3-year) option period, (commencing 01/05/2024 and ending 30/04/2027), with annual rental increases in line with CPI.
Kitchen Equipment includes but not limited to: Turbofan oven, 6x burner stove, flat top, “Bradley” 6x rack electric smoker, 2x basket fryers, various mixers, blenders and food processors, waffle machine, dishwasher and 3x walk-in fridges (1x fridge-freezer & 1x dual access to bar fridge)
Bar includes: Glass washer, two tills, coffee machine, 4x tap kegerator/bar fridge, drinks display fridge, countertop prep fridge, freezer and an industrial blender.
GF/Cellar: Houses one walk-in fridge, lock up liquor cellar and storage area.
FF: Accessed via spiral staircase houses office and computers.

KEY POINTS:

Established business with an excellent reputation – A household name amongst locals since 2004 with a strong local client base.
Prominent main street position within the architecturally designed Portico Shopping center.
Reliable staff – Two full-time employed, qualified chefs + four casual front-of-house staff, planning to stay on with the new owners, and the offer of a 30 day hand-over from the current owner to allow for a smooth transition and training.
Secure Attractive Lease in place, with potential to negotiate a new lease with the landlord.
Popular menu, serving breakfast & lunch and opportunity for growth, with a full liquor license to serve up until midnight and a growing population.

OPPORTUNITIES

Benefit from tourist growth and population growth
Local marketing and advertising options to attract new customers and expand brand awareness
Opportunities for social media growth | Current Instagram followers: 2,986 & Facebook: 4,300
Full liquor license to serve up until midnight. Proven record for opening in evenings throughout December.

Contact Matthew Essex of Property Shop Port Douglas for an information pack. 0481 126 732 or matthew@propertyshopportdouglas.com