Summary
Rare opportunity to secure a fully equipped restaurant in prime Mooloolaba. Long lease, licensed and surrounded by hotels and tourist traffic. Ideal for various cuisines.
Revenue
$650,000 pa
Rent
$50,000 pa
Location Details
Prime Brisbane Road location in Mooloolaba's tourist precinct. Opposite a public car park and surrounded by hotels and holiday accommodation. The newly completed 180-room hotel across the road has increased visitor traffic. Free 4-hour parking.
Potential
Opportunities exist to expand trading hours, develop lunch trade and increase online delivery sales. The fully equipped venue is also suitable for a variety of hospitality concepts.
Skills
Well suited to owner-operators or hospitality professionals seeking an established venue. Comprehensive training and handover support will be provided.
Hours
Open six days a week
Lease
Current lease in place till 02/2028
Option :3*3 years - final option expires 20/02/2034
Employees
Currently operated by the owners with support from 1 experienced part-time chef and casual staff as required. The business can be run with a lean staffing structure, helping to manage labour costs.
Reason for Sale
Reluctant sale, relocating interstate
About the Business
Situated just minutes from Mooloolaba Beach, this established restaurant occupies a prime position within one of the Sunshine Coast's most popular tourist destinations. Surrounded by major resorts, hotels and holiday apartments including Peninsula, Zanzibar, Sirocco and Cilento, the business benefits from strong year-round local and visitor traffic.
The venue offers seating for approximately 26 guests indoors and up to 30 outdoors, making it well suited to casual dining, group bookings and special occasions.
All plant and equipment are included in the sale, providing a turnkey opportunity for a new owner. The premises feature a fully equipped commercial kitchen, liquor licence and competitive lease terms.
The business also benefits from established online ordering through Uber Eats and Menulog, together with excellent exposure from the nearby Mooloolaba Esplanade and popular weekend and night market visitors.
The versatile venue is suitable for a variety of hospitality concepts and offers further opportunities for growth under new ownership.
History
Established in 2018, the business has developed a strong local reputation and loyal customer base. Suitable for owner-operators, family businesses and business migration applicants seeking an established hospitality opportunity.
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