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Floating Seafood Restaurant – Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$2,500,000 + stock
Disclosed · AUD
Revenue (est.)
Net Profit
$300,000
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Purpose-built floating seafood restaurant on the Gold Coast, built from two fully refurbished timber trawlers
  • Recognised as a drawcard for locals, interstate and international visitors
  • Purpose-built commercial kitchen and restaurant facilities
  • Run day-to-day by an experienced venue manager, chefs and wait staff, without relying on the owner
  • Already hosts wine dinners, live music and themed events, with the functions market still largely untapped
  • Trading successfully for close to two years; owner selling to focus on other commitments

Restaurants in Queensland

Restaurants for sale in Queensland (75) →
Listed
75
+9 in 30 days
Median asking
$199K
72 priced
Median revenue
$1M
34 disclose
Earnings multiple
1.2×
12 listings
Price drops
6
in 30 days
Asking price spread72 of 75 state a price
This listing · $2.5M
50%
17%
13%
4%
Under $100K$2.5M–$5M

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