Beachfront Restaurant & Bar, Gold Coast

Beachfront Restaurant & Bar, Gold Coast — Food & Beverage · Gold Coast · Asking $1,980,000 + Stock · Revenue $3,640,000

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

DealProspect/Listings/Food & Beverage

Beachfront Restaurant & Bar, Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$1,980,000 + stock

Disclosed · AUD

Revenue

$3,640,000

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

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

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Listed

+9 in 30 days

Median asking

$199K

72 priced

Median revenue

$1M

34 disclose

Earnings multiple

1.2×

12 listings

Price drops

in 30 days

Asking price spread72 of 75 state a price

This listing · $2M

50%

17%

13%

Under $100K$2.5M–$5M

Australia 501 · Victoria 247 · New South Wales 112 · South Australia 25 · Western Australia 24

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