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Modern Restaurant In Central Location With Affordable Rent For Sale

Maroochydore, Queensland, Australia
Asking Price:
$270,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

Business for sale on the Sunshine Coast – Brett Barton of Verified Businesses has pleasure in presenting this restaurant business for sale.

Restaurant & Bar perfectly placed in Maroochydore’s CBD and surrounded by high density living apartments and corporate offices, so there’s no limit to the number of customers you can cater for on any given day.

The restaurant is fully licensed, and they are also in the process of adjusting its liquor licence to have more regular live music, which should complement the current client base. The business operates 6 days a week with Sunday the chosen day that they close, and Saturday is nights only. Since opening in mid 2016, the business has successfully created quite a following and has many regular diners for both lunch and dinner. The styling is based around a New Orleans feel and the menu has a slight French flair that accompanies the beautiful interior that the place has. They have always had the outside dining area but only in Oct/Nov 2018 this area was redesigned to ensure it was weatherproof and comfortable in all seasons here in QLD.

Located centrally in Maroochydore with a secure and very affordable lease which is set to stay that way. You won’t find a lease of this size (105m2) and location for the price anywhere near a populated area. The current term ends August 2021 and has a further 5-year term attached so no worries about security there. The current landlord has many commercial buildings and would rather them be tenanted and successful then lay there empty.

The business has a strong team of staff with a Front of House manager and a Sous Chef who can step up at any stage when the owner chef is not rostered on. This is a restaurant that would be ideally suited to someone with hospitality experience but as there are staff in key positions it is not 100% necessary as a business and management background would be plenty.

An opportunity awaits a new owner with good hospitality experience to take this business to the moon and back and make a great return on your investment on the way.

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