Restaurants For Sale in QLD

​An exceptional opportunity to acquire a long-established, fully managed Chinese restaurant delivering consistent profits, excellent reputation, and exceptional value.

Established in 2013 and owned since 2020, this restaurant has become a local favourite for authentic Chinese cuisine, elegant ambience, and professional service. The business operates completely under management, making it ideal for investors or 188A Visa applicants seeking a profitable, stable, and low-touch operation with proven performance.

Located in one of the Gold Coast's busiest dining and cultural precincts, the restaurant enjoys strong daytime and evening trade. The surrounding area blends urban vibrancy with coastal charm — a hub filled with offices, apartments, tourists, and locals seeking premium dining experiences. The restaurant features a stylish dining hall, two private rooms, and a large function space, perfect for weddings and corporate events.

The premises underwent a significant refurbishment in 2021, presenting an inviting, modern interior with a warm, welcoming atmosphere. The commercial kitchen is fully equipped for high-volume service and supported by a well-structured workflow, allowing for efficiency and quality control.

This restaurant has a history of over ten years and has been successfully operated by the current owner for five years.

Recently renovated to a high standard, it features multiple large round tables and two karaoke private rooms. It can host close to 100-person gatherings and wedding banquets.

Located in a prime position in the heart of the Gold Coast.

The indoor area is approximately 200m².

Weekly turnover averages around $20,000.

Weekly rent is approximately $2,300 including outgoing + GST.

5 years remain on the lease, with a total term of 10 years starting from October 2020.

Currently opens 6 days a week, trading hours:

Lunch: 11:30am–3:00pm

Dinner: 5:00pm–9:00pm

Stable staff team, all willing to stay long term.

Owner works only in a management role and does not take any rostered position; annual profit is strong.

Three employer-sponsored visa positions have already been approved, valid until 2027.

High-quality equipment, premium location, well-trained staff — an opportunity not to be missed.

Key Highlights

Established: 2013 (current owner since 2020)

Operation: Fully under management; owner lives overseas

Lease: Current to Sept 2025 with 5-year renewal secured

Rent: Only $9,600/month (incl. GST & Outgoings) – exceptionally low for the location

Staff:

Kitchen: 1 head chef + 2 assistants (all committed to remain)

Front-of-house: 6 staff including full-time manager

Weekly Sales: Approx. $25,000 (including cash sales)

Expenses: Wages $6,500 | Rent $2,300 | COGS 30% | Utilities $925 | Misc. $1,000

Net Profit: ≈ $7,000/week (~$350,000 [Web Link Censored].)

Why Buyers Love This Business

- Long-established brand with loyal clientele

- ​Fully managed structure – no owner involvement required

- ​Cheap rent for a large, modern venue

- ​Strong consistent $25K+ weekly sales

- ​Reliable and experienced team willing to stay

- ​High visibility in a thriving dining precinct

- ​Perfect for 188A Visa investors seeking immediate returns

The Investment Appeal

This is a turn-key, cash-positive business with steady trade, a well-trained team, and strong growth potential. A hands-on owner could further increase profitability through delivery expansion, catering, or marketing. With its outstanding rent ratio, established reputation, and consistent net profit, this restaurant represents one of the best value dining investments on the Gold Coast.

DISCLAIMER:

The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.