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Restaurant Airlie Beach On The Great Barrier Reef For Sale

Airlie Beach, Queensland, Australia
Asking Price:
$695,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$2,500,000 (AUD)
Cash Flow:
$300,000 (AUD)

Looking for a real Sea-Change?
Airlie beach on the great barrier reef

What is a sea change? Is a form of human migration where individuals abandon city living for a perceived easier life in rural coastal communities
And what’s in airlie beach? To begin – this restaurant and bar is right on The Esplanade – the closest you’ll get to the beach without getting wet – and there you’ll find the sexiest Italian Food and Bar business on The Whitsunday.

• Four-Star Italian inspired beachfront restaurant with sea views
• Fully-licensed, table service
• Owner operated for nine years
• All-weather outdoor seating for 58 diners
• Total seating 116 diners
• Quality fit-out throughout
• Centre of Airlie Beach dining scene
• Lease negotiated on very favourable terms until 2030 – currently represents 4% against takings
• Area under lease 220 sq. metres
• Council footpath license 60 sq. metres
• Two undercover car parking spaces included
• Currently operating 12:00 to 23:00, seven days a week
• Potential for Breakfast trade (currently not operated)
• Option for separate takeaway outlet from food plaza 12pm to 9pm (currently not operated)

Asking Price: $695,000. + S.A.V.

For more information contact: Michael Fischer
Michael Fischer & Associates - Restaurant Brokers and Consultants.

Property Information

Real Estate:

Lease

Lease Terms:

With Options till July 2030

Leasehold Rent:

$130,000 (AUD) per annum

Location:

Airlie Beach: In the midst of the Whitsundays region, just a hop, skip, and a jump away from the tourist-tempting islands, sits Airlie Beach. Long considered the gateway to the iconic Great Barrier Reef, this coastal town is a popular stopover, but a place well worth lingering longer. It’s eternal summer up here, where holidaymakers gather year-round. This coastal town isn’t exclusive, but in terms of accommodation there’s something to cater to every budget, from budget hostels to resorts well-versed in luxury. Surrounded by sea, this is a place to get your gills wet.

Business Operation

Reasons for selling:

The owners of the business have been working in hospitality for more than 50 years. It is now time – after having built a successful and profitable business – to retire and enjoy the life that surrounds them in all directions. What could be better than retiring on The Whitsunday Passage?

Trading hours:

Operates for lunch and dinner - 7 days a week

Employees:
Kitchen: 9 Front of House: 12
Years established:
This business has been owned and operated by the same family for more than 12 years

Other Information

Inventory / Stock value:
$30,000 (AUD)
Related Documents:

Contact Michael Fischer & Associates

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