Brochures

$600,000 plus SAV

Thriving Gold Coast Seafood Restaurant in Prime Location – $400K Net Profit!

Short Summary

Iconic Gold Coast seafood restaurant in landmark location, high profitability, and immense growth potential for a savvy buyer!

Key Selling Points

Established brand
Under Management
Passive Income
As close to Passive Income as you can get!
Flexible hours
Low Stock requirements
Low working capital requirements
Cashflow Positive
Cash-based
Cash Cow!
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Profits
No Direct Competition
90% Repeat Work
Best Location
High foot traffic location
High visibility location
Can work remotely from anywhere in the world with access to Computer, Internet and Phone!

Looking to own a highly profitable restaurant in one of the most iconic locations on the Gold Coast? This well-established seafood restaurant, operating successfully since 2009, offers an unparalleled opportunity for motivated buyers.

Key Features:

Prime Location: Situated in a landmark corner building with maximum visibility and high foot traffic, near the main road.
Proven Profitability: Consistently generates $400,000 annual net profit under owner management, with significant potential for further growth.
Established Reputation: 14+ years of serving loyal locals and tourists, ranking as Queensland’s number one Groupon seller.
Flexible Ownership Options: Seller owns the property and is open to selling it along with the business for added investment security.
Cost Optimization Potential: New management with chef experience can further reduce labor costs and maximize profitability.
Turnkey Operations: Strong management team in place ensures smooth transition and ongoing success.
This restaurant combines prime location, a loyal customer base, and high profitability – a rare opportunity for any entrepreneur or investor ready to take over this thriving business!

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

Asking $600,000 plus SAV

Ref. no. BUY2463

DISCLAIMER:
All information provided in this advertisement is for general information purposes only and is based on details supplied by the business owner. Some particulars may be rounded-off. Prospective buyers should conduct their own due diligence and seek independent professional advice before making any decisions. We do not warrant or guarantee the accuracy, completeness, or currency of the information provided.

Confidentiality Agreement

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (b) “Business” means the business referred to in this Confidentiality Agremeent and/or described in any Agreement. (c) “Property” means the property referred to in this Confidentiality Agreement and/or described in any Agreement. (d) “Seller” means the party described in any Agremeent between the Recipient and includes heirs, executors, administrators, successors and assigns; and in the event the Seller uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Seller shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (e) “Agent” means Business Classifieds Pty Ltd ATF Business Classifieds Trust. (f) Words denoting the singular include the plural and vice versa, words denoting individuals or persons include bodies corporate and vice versa, words denoting one gender include all genderss and references to documents or agreements also mean those documents or agreements as changed, novated or replace. (g) Grammatical forms of defined words or phrases have corresponding meanings. (h) Reference to the Recipient shall bind their heirs, executors, administrators, successors and assigns. (h) Obligations under the Confidentiality Agreement affecting more than one party bing them jointly and each of them severally. AGREEMENT: The Recipient ("I/We/Me/Us") agrees to the Confidentiality Agreement as follows: In consideration of the Agent agreeing to provide me/us directly or indirectly with information relating to any Business/Property presented to me, I/We hereby agree and undertake as follows: (1) I/We will hold and keep as strictly confidential all information, statements, opinion, forecasts and other matters of whatsoever nature, whether written or oral (“the Confidential Information”) except in so far as the same may be or become information in the public domain. (2) I/We will not disclose any of the Confidential Information to any employee or third party unless such employee or third party is specifically required to have knowledge of the same for purposes directly related to my/our consideration of the Business/Property. (3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. 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Property Features

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

Thriving Gold Coast Seafood Restaurant in Prime Location – $400K Net Profit!

Confidentiality Agreement

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Property Features