Summary
Licensed seafood restaurant & Pancake cafe. 2 Businesses in 1. Staff in place, remotely managed, DAMA region. Prooven 1.65M annualsales with strong profits. Turnkey opportunity.
Net Profit
$350,000 pa
Lease
15 years
Reason for Sale
Owner focusing on new ventures and restructuring investments. Business is fully operational with systems, staff and management already in place, creating an excellent opportunity for a new owner to step into a profitable going concern.
About the Business
Rare chance to acquire a high-performing hospitality business in one of Queensland’s most iconic tourist destinations. This unique opportunity combines a licensed seafood restaurant and popular pancake café, delivering two income streams under one established operation.
Generating strong annual turnover with proven profitability, the business is currently remotely managed with experienced staff in place, making it ideal for investors or hands-on operators alike.
Well known among locals and tourists, the venue enjoys repeat trade, excellent reputation and strong foot traffic year-round.
Fully equipped, turnkey and ready for immediate takeover. Located in a DAMA region, offering an added staffing and sponsorship advantages.
A profitable lifestyle business with substantial growth potential in paradise.
History
Established and successfully operated for several years, the business has built a loyal local customer base while benefiting from consistent tourist demand on Magnetic Island. Over time it has expanded into multiple revenue streams and refined systems, staffing and menu offerings to create a smooth and efficient operation.
Strong branding, repeat customers and proven trade performance make this a standout opportunity for the next owner.
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