Freehold waterfront business on the Pumicestone Passage at Sandstone Point. Licensed bar, cafe and pizzeria, boat and kayak hire, charters, and bait and tackle, plus a 3-bedroom apartment on site. $4,250,000 WIWO.
Let's get straight to it. This one's for the buyer who wants the business and the lifestyle in one hit. It's been trading since 1951 and is Queensland's longest-running boat hire operation. It's a multi-award-winning local landmark that people have been coming back to for generations. And you own the dirt it sits on.
WHY IT STACKS UP
- Freehold included, on an absolute waterfront site with its own beach access, jetties and boat sheds
- FY2025 revenue $643,016 and EBITDA $336,539
- Average annual net profit growth of 25.6% over the last four years
- Seven income streams: licensed bar, pizzeria and takeaway, cafe, self-drive BBQ and fishing boat hire, kayak hire and eco tours, fishing and whale-watching charters, and bait and tackle retail
- Bribie Island's only licensed eco-tourism operator, and AMSA licensed for kayak and personal watercraft hire
- Self-contained 3-bedroom apartment. Live on site or rent it out
- Experienced casual and part-time team in place, with the owners staying for a proper handover
WHERE IT IS
Sandstone Point, beside Spinnaker Marina on the mainland side of the Bribie Island Bridge, and about an hour from Brisbane. It's in the Moreton Bay region, one of SEQ's fastest-growing coastal corridors. Thousands of visitors come through each week on top of a local population of 25,000+.
ROOM TO GROW
It trades mostly 6am to 4pm, with one late night on Saturday. Evening dining, functions and weddings, more events and proper online booking for the hire fleet are all sitting there for a buyer who wants to push.
WHO SUITS IT
A hospitality or tourism operator ready for a sea change. A family chasing a coastal lifestyle with a real income. Or an investor who wants freehold security with a business on top.
THE DEAL
$4,250,000 walk in, walk out. Freehold, going concern, fleet and equipment included. The owners are retiring after a long, successful run.
Sign a Confidentiality Agreement and I'll send the full Information Memorandum. All enquiries are strictly confidential.
Business Broker: Frank Willett & Bill Gollan
Ref: BR01913
Mobile: +[Phone Number Censored] 954 | +[Phone Number Censored] 600
Email: [Email Censored] | [Email Censored]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: [Phone Number Censored]
Ref: BR01913
Timestamp: [Phone Number Censored]
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