Rare Turnkey Opportunity in Major Entertainment Precinct

$650,000 plus SAV

Description

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

Size of 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 Sales & Turnover

Turnover (inc GST)

$42,000

Reference No: CDGSP0457

Business Listed by

Chris Dellit

Licensed Real Estate Agent, Business Broker and Hospitality Consultant Sunshine Coast QLD @ GSE Hospitality Brokers

I have been involved with the Retail and Property Industry for over 30 years, having set up my own successful management consultancy business. For the last 20 years, I have specialised in providing strategic advice and support to the retail and hospitality sector. I started my career as a property development consultant, focusing on retail leasing, working for a number of large property firms. Over time, I developed a keen interest in the retail industry that I still have today, and began to specialise in the Hospitality sector.

My aim has always been to offer clients a more personalised and tailored approach to their business as all are unique in their own way. I have a passion for the industry and a deep understanding of the challenges facing retailers and specifically food and beverage businesses. I established a reputation for excellence, with a focus on delivering results for clients. My expertise in board reporting, budgeting, site identification, and strategic planning enabled me to help clients navigate complex issues and make informed decisions about their businesses.

I have had a track record of successful projects across Australia and have continued to work closely with clients to help them achieve their goals and grow their businesses. With my experience in project management, tenancy coordination, and leasing negotiations I look forward to continually helping clients to successfully navigate complex deals and achieve the best possible outcomes. Having acted on behalf of a number of national hospitality operations as well as having had my own Café, I have a deep understanding of the day to day operations.

I look forward to the opportunity to meet with you and discuss how we can be of service, to either find or sell your hospitality business.

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

Furthermore, we want to emphasize that your consent to receive marketing communications from GSE is entirely voluntary, and you have the option to opt-out at any time. In every marketing email sent by GSE, you will find a convenient unsubscribe link that allows you to manage your preferences and cease receiving such communications. We respect your privacy and strive to provide you with a seamless and flexible experience tailored to your needs.
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For Sale

Sunshine Coast QLD