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

Dual-Level Restaurant with Function Room & Bar – Hervey Bay — Food & Beverage · Hervey Bay · Asking $389,000

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…

DealProspect/Listings/Food & Beverage

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

Restaurant

ActiveFood & BeverageQueenslandB2C

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Asking price

$389,000

Disclosed · AUD

Revenue (est.)

~$1,228,680

Estimated · comparable listings of this type and size

Earnings (est.)

~$304,096

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.3×

Assumed · asking ÷ estimated earnings (as advertised)

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

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