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DealProspect/Listings/Food & Beverage

Beachfront Restaurant & Bar, Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$1,980,000+
Disclosed · AUD
Revenue
$3,640,000
TTM
Earnings (est.)
~$702,884
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Beachfront restaurant and bar opposite an iconic Gold Coast surfing beach
  • 1,000 sqm venue with 200 seats plus a licensed bar; trades six days a week
  • 20-year lease in place; signature charcoal steaks, craft beer and a large wine cellar
  • Fully systemised operation suited to a hospitality group or experienced operator