Price
$1,980,000 + Stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Food/Hospitality, Restaurant
Listing #
GC01037
BUY NOW!! PICK UP THE CHRISTMAS & NEW YEAR TRADE
Positioned directly opposite one of Australia's most iconic surfing beaches, this award-winning 1,000sqm restaurant and bar offers a rare chance to secure a long-term foothold in a premium location – with a 20-year lease already in place.
The business generates approximately $70,000 in weekly turnover, supported by a team of 15 staff including experienced management. With 200 seats plus a vibrant bar area, this venue combines scale, location, and consistent performance.
Key Highlights:
* 20-year lease in place
* Rent: $22,500 per month
* Seating for 200 guests + licensed bar
* Prime beachfront location with high foot traffic
* Signature dry-aged steaks cooked over charcoal
* 20 craft beers on tap, 300-bottle wine cellar
* Trades 6 days per week
* Strong weekly turnover: approx. $70,000
* Full financials available upon request
This is a well-established, fully systemised operation with a strong brand and reputation. Ideal for a hospitality group or experienced operator seeking a flagship coastal site with long-term security.
Please contact Bruce Rylance for more information.
Ref: GC01037
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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