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DealProspect/Listings/Food & Beverage

Wrasse & Roe Seafood Restaurant

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$650,000
Disclosed · AUD
Revenue (est.)
~$1,673,532
Estimated · comparable listings of this type and size
Earnings (est.)
~$305,293
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief

Fully licensed seafood restaurant located within the Coconut Grove Apartments complex, seating 100 guests and drawing on both a loyal local customer base and a strong year-round tourist market. The restaurant offers a contemporary seafood-focused menu using premium local and imported produce, an established takeaway service for apartment guests and holidaymakers, and has hosted specialty events including gin tastings and champagne and caviar experiences. The turnkey operation comes with established systems and an experienced staff team in place.