Established Italian Restaurant, Gold Coast
Restaurant
ActiveHospitality & TourismQueenslandB2C
Asking price
$585,000
Disclosed · AUD
Revenue (est.)
~$1,506,179
Estimated · comparable listings of this type and size
Earnings (est.)
~$274,764
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Italian restaurant in the same Gold Coast location for over 15 years
- Indoor and outdoor dining plus a separate private function room
- Long-term lease with options in place
- Dinner-only trading under the current owner, with scope to add hours
- Traded through Covid restrictions
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