Restaurant On The Water Noosa Marina

$152,000 plus Stock

Tewantin, Queensland 4565

$152,000 plus Stock


Restaurant On The Water Noosa Marina

Highly rated dining experience overlooking the boats and Marina activity. 'Noosa Italian', authentically Italian, is waiting for a new owner. Solid year-round revenue. Priced for early sale.

Location is prime with water views from every table. Enclosed and heated in Winter, open and al fresco in Summer. Comprising some 180m2 the Restaurant has dining capacity for 80 plus and up to 150 for stand-up/seated functions. Service areas include Bar, with separate prep area and dry store, large commercial kitchen, semi open Pizza kitchen with own facilities, dry store/wash down room plus another dry store area with rear access. Plant and equipment being sold with the business is extensive including a traditional Woodfired or Gas fuelled feature Pizza oven.

Lease of the business premises is sound expiring 31/5/2030. Current rent inclusive of outgoings and GST is $2,053 per week. Outgoings cover waste/garbage management, toilet facilities, water and general Marina maintenance.

'Noosa Italian' has ben operated by the current owner for 9 years (in different partnerships) who is now selling to take a break from the industry and spend time with his young family.

Business is fully licenced and trades 5 days from Tuesday to Saturday for lunch and dinner. Staff comprise 1 working owner/Chef, one full-time Chef, one casual Chef/FOH, two casual FOH and two casual kitchen hands. Revenue at this time of the year is $1516,000 per week increasing substantially in the Summer/Holiday season when hours are extended to include Sunday and one or two additional Staff are also required.

Great opportunity for investors or owner-operators to acquire this business at a very attractive asking price with so much more that can be done to increase revenue. e.g. Open seven days, breakfast/brunch trade, functions -particularly Weddings, and marketing in conjunction with Marina tourist operators.

Bring your experience and energy to 'Noosa Marina' on the wonderful Sunshine Coast.

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Listed price $152,000 plus Stock estimated at $12,000 (Negotiable)

For business profile and viewing contact:

Trevor Tiplady
AW Business Sales
Ph: 0424438025


Business Snapshot

Price: $152,000 plus Stock 
This listing last updated:
21st November 2023

Marketing Contact

Trevor Tiplady

Marketing Agency

Trevor Tiplady

Amber Werchon Property

Map Location ( get directions )

Tewantin, Queensland 4565 Exact map location not provided