Summary
High turn over stable profit good location cheap rent well trained team
Revenue
$1,940,000 pa
Net Profit
$210,000 pa
Location Details
It is located in a busy shopping center in Gold Coast
Skills
business skills
Hours
Monday to Sunday 11:30am till late
Lease
another 18 years
Reason for Sale
another plan
About the Business
An exceptional opportunity to acquire a well-established premium seafood restaurant in one of the Gold Coast’s most sought-after locations.
Beautifully presented and located in a prestigious area surrounded by established communities and multiple schools, this successful restaurant has been operating for several years and has developed a strong reputation for fresh seafood, exceptional food quality, and outstanding service.
The business offers a complete dining experience with an extensive menu showcasing premium seafood selections, including fresh oysters, Moreton Bay bugs, king prawns, lobster, scallops, crab, calamari, barramundi, snapper, salmon, and seasonal seafood specials.
The menu combines fresh local ingredients with modern Australian and international flavours, featuring customer favourites such as garlic prawns, crumbed calamari, seafood pasta, Moreton Bay bug risotto, premium grilled seafood, quality steaks, gourmet burgers, and fresh seasonal salads. The restaurant continues to attract seafood lovers, families, and diners seeking a high-quality dining experience.
Business Highlights:
Strong annual sales with excellent profitability
Adjusted net profit $210,000+
Long secure lease with approximately 18 years remaining
Attractive rental level with rent representing only around 5% of turnover
Trading 7 days per week: Monday to Sunday 11:30am till late
Experienced chef and reliable, well-trained team in place
Existing staff are expected to remain, ensuring a smooth transition
Suitable for an owner-operator, investor, or passionate food lover
No requirement to rebuild the team or change the operation
All equipment owned by the business — no equipment leases or rental commitments
Equipment maintained in excellent condition
Ample customer parking
Vendor will provide training and support to the successful purchaser
This is a fantastic opportunity to acquire a proven hospitality business with an established reputation, skilled team, loyal customers, and strong future growth potential.
Whether you are an experienced hospitality operator, an investor seeking a quality business, or a passionate food enthusiast wanting to enter the restaurant industry, this opportunity offers the foundation for continued success.
Asking Price: $600,000 + Stock
History
4 years
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