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Near New Fit Out – Captive Market Restaurant For Sale

Maroochydore, Queensland, Australia
Asking Price:
$150,000 (AUD)
Sales Revenue:
$900,000 (AUD)
Cash Flow:
Undisclosed

Business for sale on the Sunshine Coast

We have the pleasure of presenting this restaurant business for sale.

Located off the beaten track but called the “hidden gem” in so many of its customer reviews,. Recently refurbished with many kitchen upgrades, a new bar area with beer taps and system, and new and upgraded outside dining, the venue can cater to up to 110 guests but would have an average of 80 or 90 seats set up at any given time.

The current owners have squeezed themselves a little to thin with an existing café that they have been running for 10 years, and they also throw in a young and busy family. They believe this restaurant needs to go to a hands-on operator.

The business certainly produces the goods, as in its first 12 months it turned over $900,000 plus, so the location works, and there is a captive market with a high density community living surrounding it. A big plus is that it is only 200m from the beach.

The lease has a monthly cost of $5,150 plus GST, with a current term ending May 2025 and 2 x 3 year options. It has approx. 140 sq. m. inside and 70 sq. m. of outside covered dining that also overlooks a park.

There is no money to spend, unless rebranding is your plan. Get started and watch the patrons come on in.

We are currently trading only 4 days with lunch and dinner service, but the weekends would be even better if you had a breakfast option, as the outside dining, park, and trees make for a wonderful setting.

If it’s a restaurant you are after, then this is ideal, set up by a chef for a chef and, as mentioned has a captive audience surrounding them.

Call or email me to get started now.

Property Information

Real Estate:

Lease