Popular Gold Coast Chinese Restaurant | Long-Established, Under Management | Cheap Rent & $350K+ Net Profit | 188A Visa Ready

- Gold Coast QLD

Short Summary

Long-established Gold Coast Chinese restaurant under management. Cheap rent, $350K+ net profit, perfect for investors or 188A visa buyers.

Key Selling Points

• Established brand
• Under Management
• Passive Income
• Recession proof
• Low Overheads
• Cashflow Positive
• Cash Cow!
• Non-hands on Owner
• Long term Management and Staff in place
• Strong year to year Sales
• Strong year to year Profits
• Low Rent
• Long Term Lease in place
• High Profit Margins
• No Competition
• Long-term Customers in place
• 80% Repeat Work
• Best Location
• High foot traffic location
• High visibility location

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 p.a.)

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.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $300,000

Ref. no. BUY2555

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.