Internal Ref: 118244784
Summary
Established restaurant with approx. $400K annual turnover after 1.5 years. Sale includes stock, kitchen equipment & furniture. Strong growth potential by adding weekday lunch.
About the Business
The Phone Code for this property is: 67222. Please quote this number when phoning or texting.
FOR SALE: Turnkey Fully Fitted Restaurant – Prime Surfers Paradise Precinct
Asking Price: $90,000 (Walk-In Walk-Out – Includes Equipment, Furniture & Stock)
Location: Surfers Paradise, Gold Coast QLD
Turnover: $400,000 per annum (Last Financial Year)
Lease Term: 1.5 Years Remaining + 3-Year Option
Summary
An exceptional opportunity to acquire a fully equipped, modern commercial restaurant setup situated in a high-density dining and entertainment precinct in central Surfers Paradise.
Established just 1.5 years ago, this near-new venue has quickly built a strong operational foundation, generating $400,000 in turnover in its last financial year while operating primarily on a dinner schedule.
This sale is structured as a clean asset and lease transfer (branding/tradename excluded). Security is assured with 1.5 years remaining on the initial lease term plus a 3-year option, making it an ideal launchpad for an owner-operator or established hospitality group looking to introduce a new concept without the six-figure cost and downtime of a raw build-out.
Key Business & Venue Features
* Turnkey Setup & Equipment Included: Fully fitted commercial kitchen featuring exhaust canopy, grease trap, heavy-duty cooking line, walk-in fridge and freezer, prep stations, and dishwashing equipment.
* Modern Dining Room: Fully furnished indoor dining area with contemporary fit-out, POS hardware, air conditioning, and ambient lighting.
* Low Entry Cost ($90,000 WIWO): The asking price covers all plant, kitchen equipment, dining furniture, and remaining stock on hand at settlement.
* Established Track Record: Proven demand with $400k revenue generated operating under a limited trading window.
* Flexible Concept Compatibility: Adaptable space suited for Asian dining, modern Australian, cafe, charcoal/BBQ, bistro, or casual dining.
Unlocked Growth & Upside Potential
* Expand Trading Hours: Currently trading primarily for dinner service. Significant immediate upside by opening for weekday lunches, weekend brunches, or expanding late-night service to capture surrounding tourist and worker foot traffic.
* Online Platforms: Further leverage delivery and online ordering platforms (UberEats, DoorDash, Menulog) during daytime hours.
* Beverage / Bar Focus: Scope to further maximize beverage revenue with targeted promotion.
Lease & Security
* Remaining Term: 1.5 years remaining on current lease + 3-year option (total ...
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