2023-03-07 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA   7 MARCH 2023




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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                               7 MARCH 2023

                                                                                                    Colliers

                 16 January 2022 to         Commenced negotiations with Butchers of Noosa.
                 current

                 19 January 2022            Onsite meeting with Luke and Kayla Marshall from Butchers of Noosa,
                                            Russell Green, Robyn Mercer and Jesse Howitt.

                 21 February 2022           Terms agreed on a heads of agreement document.

                 22 February 2022           Submitted application support letter and heads of agreement for Luke
                                            and Kayla Marshall from Butchers of Noosa.

                 Prospective Tenant Summary
                 Luke Marshall is a well-known and highly respected Noosa butcher and local resident living with
                 his wife and two sons in Tewantin. As a third-generation butcher Luke has built long-term, trusted
                 relationships with suppliers, tradesmen and customers over the last 20 years in the local area.
                 Luke's passion for the industry and his exemplary well-honed skills and extensive expertise in
                 managing stores are key factors contributing to a successful start-up.

                 Luke commenced his career at the age of 15 in the family butcher shop in Caloundra working
                 under the guidance of his father. He went on to manage ‘Sunrise Beach Meats’ between 2002-2010
                 (the same Sunrise Beach location that we are applying for today). Luke was integral in the set up
                 and continues to be a key leader in the management team of Eumundi Meats in the Belmondos
                 Organic Market Complex.

                 Luke and his wife Kayla have decided it is the perfect time to put their collective expertise and
                 passion into a business of their own. Their goal is to create a butcher shop that will be successful
                 and an exciting new enterprise to the area.

                 Tenant Assessment Criteria
                  Commercial Terms              18/20     The commercial lease terms offered by Butchers of
                                                          Noosa are reflective of the asking terms. The incentive
                                                          in the form of rent abatement is in line with the market
                                                          given the length of lease being offered and capital
                                                          investment the tenant will be making.
                  Business Track Record         14/20     Luke has extensive experience working within the
                                                          industry, however experience as an own business
                                                          operator is limited. We believe the support network he
                                                          has around him will provide initial support where
                                                          needed.

                                                                                             Accelerating success, —————
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