Summary
A vibrant and much-loved fully licensed restaurant at Picnic Bay, Magnetic Island. Established in 2024 and just steps from the ocean. Good food, good drinks, and good times in a stylish setting.
Location Details
Sea Salt Arcade, 9 The Esplanade , Picnic Bay
Hours
Thursday to Monday: 4.00pm – 8.30pm
Employees
1 x full-time chef
1 x front-of-house manager (35 hours/week)
2 x casual FOH staff
1 x junior kitchen hand
About the Business
Casual Neighbourhood Dining | Modern Australian Menu | Fully Licensed
Welcome to Restaurant Elsie, a vibrant and much-loved dining destination located in the charming Sea Salt Arcade at 9 The Esplanade, Picnic Bay, Magnetic Island. Positioned just steps from the ocean, this fully licensed restaurant brings together good food, good drinks, and good times in a relaxed and stylish setting.
Established in 2024 by two passionate chefs, Restaurant Elsie has quickly become a go-to venue for locals and tourists alike. With a glowing 4.9-star Google rating and over 2,500 social media followers, the restaurant enjoys a loyal and growing customer base.
Restaurant Elsie is built on the philosophy of honest cooking, feel-good food, and great hospitality. The seasonal modern Australian menu is crafted around quality, locally sourced produce from North Queensland, and designed for sharing. Guests enjoy an ever-changing blackboard of daily specials, paired with a thoughtful drinks list featuring mostly Australian wines, craft beers, and a curated cocktail selection.
Whether it’s a beachgoer dropping in for a relaxed bite or a special occasion dinner with friends, the venue delivers a welcoming atmosphere and consistently excellent food.
* Prime island location on one of North Queensland’s favourite holiday destinations
* Fully licensed venue with modern fit-out and casual neighbourhood appeal
* Modern Australian menu featuring seasonal, locally sourced produce
* Strong branding and social media presence
* Spacious kitchen and premises with good equipment base
* Excellent team in place, including FOH manager and full-time chef
* Opportunity to expand catering, events, day trade or functions
* Venue available for private hire, weddings, and off-site catering
* Snack & Sip sessions and Saturday Bake Sales – two high-margin crowd favourites
* Ever-changing blackboard specials keep locals coming back
This business is ideal for a chef, hospitality duo or lifestyle buyer wanting to live and work in paradise. There is ample room to grow the business further, particularly by increasing trading hours, expanding catering offerings, or hosting more private events and collaborations.
Whether you're a seasoned operator or an ambitious newcomer, Restaurant Elsie offers the perfect mix of lifestyle and profitability in a dream location.
Business Broker
Susan Butler – 0419 905 463
[email protected]
www.beyond2000.com.au
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