With a fitout in the $3m - $3.5m range, a rare opportunity exists to acquire a well-established, high-performing licensed hospitality business located in a major entertainment precinct with exceptional daily foot traffic. Operating as a successful restaurant venue, the business has built a strong reputation, loyal repeat customer base, and consistent centre-driven trade across lunch, dinner, and function periods.
The venue is currently achieving a turnover of $2.2m per annum and is supported by established systems, experienced staff, and streamlined operations, making it a true turnkey opportunity for an incoming operator. The business benefits from a fully licensed bar with strong beverage margins, a proven trading history, and a secure long-term lease within a tightly held location.
This opportunity will appeal to experienced hospitality operators, groups, or investors seeking a proven cash-flowing business in a high-growth coastal region. All enquiries are strictly confidential, and a signed Non-Disclosure Agreement will be required prior to the release of any financial information, lease details, or business identity.
Expressions of interest are invited from qualified buyers only.
Staff No
Manager + 2 Supervisors + approx. 6 casuals + 5 kitchen
Lease Info
10 years + 10 year option commencing September 2024
4% increases per annum
Gross rent including outgoings and no marketing fee
Trading Times
Sunday - Wednesday 11am to 8.30pm
Thursday 11am to 9.30pm
Friday - Saturday 11am to 10pm
Premises:
Total size: 564 sqm
(454 sqm internal area + 110 sqm al fresco seating area)
Opportunity
A rare opportunity to acquire a high-performing, fully established licensed venue generating approximately $2.2M annually, positioned in a major entertainment precinct with exceptional foot traffic. With a $3M-$3.5M fitout already in place, this turnkey business delivers immediate cash flow, proven systems, and an experienced team, eliminating the risks of a new build. Strong fundamentals are matched by clear upside through margin improvement, increased functions, and operational optimisation, making it ideal for experienced operators or investors seeking a scalable, cash-generating asset.
Weekly Turnover (inc GST) $42,000
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