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DealProspect/Listings/Food & Beverage

Waterfront Restaurant & Bar – Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$1,100,000
Disclosed · AUD
Revenue
$4,500,000
TTM
Earnings (est.)
~$868,950
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Renowned waterfront restaurant and bar in a prestigious Gold Coast precinct, overlooking the waterfront
  • Sophisticated fit-out with elegant interiors, a stylish bar, and expansive indoor and outdoor seating
  • Licensed venue with strong foot traffic in a high-end retail and lifestyle precinct
  • Long lease to December 2028 with three further 5-year options
  • Team includes a Restaurant and Bar Manager, Head Chef, approximately 12 kitchen staff and 15 front-of-house staff
  • Untapped growth opportunities in events, extended trading hours and breakfast service
  • Established and highly regarded brand with a loyal customer base