Summary
This opportunity would suit an owner-operator or operating couple seeking a profitable, fully fitted-out, turnkey business with a secure long-term lease and clear upside for growth.
Location Details
Fully fitted-out 140 sqm premises with indoor & outdoor seating and seaside views — no capex required
Lease
Secure lease to 2032 (approx. 6 years remaining)
Employees
Approx. 13 staff (total) plus owner-operator
About the Business
This opportunity would suit an owner-operator or operating couple seeking a profitable, fully fitted-out, turnkey business with a secure long-term lease and clear upside for growth.
Key Features
• $870,000 net annual turnover with consistent, steady trade
• Adjusted net profit of $202,800 (FY26) — approx. 1.7x multiple
• Rent at just 8% of turnover — well below industry norms
• Secure lease to 2032 (approx. 6 years remaining)
• Fully fitted-out 140 sqm premises with indoor & outdoor seating and seaside views — no capex required
• Genuine destination brand with distinctive theming that drives loyal, repeat trade
• Diverse menu: fresh fish 'n' chips, hand-made potato scallops, gluten-free options and a standout burger range
• Strong online reputation — 490+ Google reviews (4.4★) and 4.9★ on Uber Eats
• Untapped upside: breakfast, 7-day trade, functions and catering (currently open 6 days)
Key property information
• 100% of the business sold as a going concern — goodwill, plant & equipment, fixtures & fittings
• Asking price $339,000 plus stock at value (SAV); cash on settlement (deposit plus balance per contract)
• Kitchen: 4 x Pitco gas fryers, Goldstein gas grill, Thermaster 1.5m burger bar, Robot Coupe CL50 potato slicer, Smartwash 500 commercial dishwasher, chest freezer and 5 upright fridges/freezers
• Front of house: merchandise display cabinets, 10 tables, 39 chairs, 4 stools, Uber tablet & printer, Casio SEC-3500 cash register, stainless benches & smallwares
• Premises: 140 sqm leasehold with indoor & outdoor seating; rent approx. $1,363/week
• Net profit reflects owner-operator working approx. 40 hrs/week (vendor-supplied figures, unaudited)
• Vendor to provide training and handover support during an agreed transition period
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