Floating Seafood Restaurant - Iconic Destination

Description

If you're looking for a hospitality venue with genuine character and a distinctive point of difference, this is an exceptional opportunity.This unique business comprises a purpose-built floating seafood restaurant designed to deliver one of Australia's most distinctive dining experiences.The venue has established itself as a recognised Gold Coast attraction and a popular destination for locals, interstate travellers and international visitors.Highlights:* Distinctive and relocatable waterfront hospitality venue* Two fully refurbished timber trawlers valued at approximately $2.3 million included in the sale* Purpose-built commercial kitchen and restaurant facilities* Experienced venue manager, chefs and wait staff already in place* Approximately $300,000 annual net profit under full management* Successful wine dinners, live music and themed events* Significant untapped potential within the functions market* Owner selling due to other business commitmentsEvery structural component, including the commercial kitchen, electrical systems, hydraulic services, plumbing, decks, roof and customer areas, has been purpose-built for restaurant operations.Operating successfully for nearly two years, the business does not depend on the owner for day-to-day operations and continues to demonstrate significant potential for further growth.The business valuation is approximately $750,000, based on a 2.5 multiple of the net return under full management. All genuine offers will be presented to the owner.Enquire now to receive the confidential Information Memorandum and arrange an on-site inspection of this unique waterfront venue.$2,500,000 ONO + SAV, including the vessels