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Refer to Broker
$3,172,000
An exceptional opportunity to acquire a well-established Mediterranean-inspired restaurant located directly opposite a picturesque beachfront in one of Australia’s top coastal destinations. Known for its vibrant yet relaxed vibe, the venue caters to casual diners, private functions, and large-scale events.
This fully managed and systemised business is run by an experienced team with documented procedures, making it a true turn-key operation. With over 25,000 customer contacts and a solid digital marketing strategy, the business is primed for continued success.
Business Highlights:
*Fully Managed – No hands-on involvement needed. Strong leadership and systems in place ensure a smooth transition.
*Robust Financials – $3.17M in annual revenue with $450K net profit. Averaging $69.5K in weekly takings.
*Prime Location – Positioned opposite a popular beach with consistent year-round foot traffic.
*Lease Security – 5+5 year lease commenced March 2023.
*Extensive Fit-Out – Full commercial kitchen, two walk-in cool rooms, two bars, seating for 150 indoors and 200 outdoors.
*Function-Ready – Designed for weddings, events, and private functions with indoor and garden spaces.
*Marketing & CRM – Strong digital marketing supported by a 25,000+ customer database.
*Growth Potential – Expand into breakfast/lunch, takeaway, or increase weddings and private functions.
*Excellent Reputation – Loyal following and consistent 5-star Google reviews.
Perfect for investors or buyers seeking a profitable, hands-off business with an exceptional brand and growth upside.
Price: $1,700,000
For more information or a confidential discussion, please contact:
Listing ID: ME03175
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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