Floating Seafood Restaurant – Gold Coast

Floating Seafood Restaurant – Gold Coast — Food & Beverage · Gold Coast · Asking $2,500,000+ · Net Profit $300,000

Purpose-built floating seafood restaurant, a recognised Gold Coast attraction for locals, interstate and international visitors Includes two fully refurbished timber trawlers and a purpose-built commercial kitchen and restaurant facilities Experienced venue manager, chefs and wait staff in place; not reliant on the owner for daily operations Successful wine dinners, live music and themed events…

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Floating Seafood Restaurant – Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$2,500,000+

Disclosed · AUD

Revenue (est.)

~$1,445,783

Estimated · comparable listings of this type and size

Net Profit

$300,000

Implied multiple

8.3×

asking / earnings

Brief

Purpose-built floating seafood restaurant, a recognised Gold Coast attraction for locals, interstate and international visitors
Includes two fully refurbished timber trawlers and a purpose-built commercial kitchen and restaurant facilities
Experienced venue manager, chefs and wait staff in place; not reliant on the owner for daily operations
Successful wine dinners, live music and themed events, with untapped potential in the functions market
Operating successfully for nearly two years
Owner selling due to other business commitments

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