The business currently generates approximately $1.7 million in annual turnover and is supported by a full commercial kitchen, a brand-new fit-out and an extensive beer reticulation system. With the right operator, there is genuine scope to further enhance performance, including the potential introduction of sports-focused offerings, gaming, TAB and Keno (subject to approvals), which could realistically lift turnover into the high $2 million range.
It operates under a restaurant and bar licence and is currently owner-operated, allowing for efficient management and strong cost control.
The lease structure provides both security and flexibility, with an initial 5-year lease and the landlord open to further options. Rent is approximately $18,000 per month, representing strong value for a venue of this scale and location. Based on the current trading performance and the asking price, the business offers a consistent return in the order of 10–15% for the duration of the lease, with additional upside available through a rebrand, refresh, or repositioning strategy.
The vendor is highly motivated to sell due to personal health reasons, presenting an attractive acquisition opportunity for an experienced owner-operator or hospitality group seeking a scalable asset with immediate cash flow.
Key Highlights
Prime lakeside restaurant and bar venue
Adjacent to major shopping centre
Large footprint: 426m²
Seating capacity: 156 patrons
Full commercial kitchen
Annual turnover: ~$1.7 million
Rent: ~$18,000 per month
Initial 5-year lease, landlord open to options
Consistent 10–15% return across Lease Term
Brand new fit-Out
Restaurant & Bar Licence
Significant upside via rebrand, refresh, or Reposition
4+ star Google Review
No 1 on Trip Advisor
Best of Queensland Award Winner
Solid Community Loyalty & Following
