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DealProspect/Listings/Food & Beverage

Dual-Level Restaurant with Function Room & Bar – Hervey Bay

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$389,000
Disclosed · AUD
Revenue (est.)
~$1,252,012
Estimated · comparable listings of this type and size
EBITDA
Implied multiple
Brief
  • Dual-level 160-seat venue opposite the beach in Hervey Bay, serving Italian and seafood cuisine
  • Ground floor restaurant with a self-contained upper level featuring a private bar and function space
  • Function room can be subleased as a separate business to offset restaurant rent
  • Current owners operate 27 hours per week across Thursday to Monday
  • Chef owners willing to train new owners for up to three months
  • Growth opportunities through delivery platforms, extended days, breakfast service and function bookings