7 Popular Restaurants for Sale in Australia Right Now
7 Popular Restaurants for Sale in Australia Right Now
The average asking price for a restaurant in Australia is $464,508 according to Bsale Quarterly Repor (as of September 2026). It's a useful benchmark for buyers, but what does that budget actually get you?
Quite a lot, as it turns out. At around this price point, buyers can step into an established venue rather than starting from scratch. A fit-out, equipment, liquor licence and trained team are often already in place, along with an existing customer base and a trading history to assess.
What varies is almost everything else. Location, size, trading hours, cuisine and how hands-on the owner needs to be all shift from one listing to the next, even at a similar price. Some businesses are fully managed and suit investors, while others reward an owner-operator ready to get involved day to day.
To show that range, we've rounded up seven restaurants currently for sale on Bsale with asking prices between $420,000 and $550,000. They span five states and include a beachfront cafe in Manly, a Neapolitan pizzeria on the Hervey Bay Esplanade, a corporate wine bar in Sydney's CBD and a Japanese restaurant in Melbourne's east. They're listed from lowest to highest asking price.
When comparing listings, look closely at the lease term, the reported turnover and profit, and what's included in the sale. Where a price includes "+ SAV", stock at valuation is added on top of the asking price at settlement.
Before making an offer on any business, it's essential to complete thorough due diligence, ideally with support from an accountant and a solicitor.
Northbridge Restaurant Prime Corner Location On William St in WA
1. Corner Restaurant, Northbridge, WA
Asking price: $420,000 + SAV
On a prominent corner of William Street in Northbridge, one of Perth's busiest dining and entertainment precincts, this well-known restaurant benefits from strong street exposure and steady foot traffic day and night. The premises cover more than 200 m², with 100+ seats and a fully equipped commercial kitchen with a walk-in cool room and freezer. A dedicated staff parking bay is a handy bonus in the city. The vendor reports annual sales of over $1,000,000. Weekly base rent is $1,978 and the lease is secured until the end of 2034. A new owner can continue the existing business or introduce their own concept, making it suitable for owner-operators and hospitality groups alike.
2. Beachfront Restaurant, Bar & Cafe, Manly, NSW
Asking price: $450,000
Directly opposite one of Sydney's most famous beaches, this restaurant, bar and cafe offers uninterrupted ocean views and a steady mix of locals and tourists. It trades from breakfast through to late evening. The venue seats around 100 across indoor and undercover alfresco areas, with a premium fit-out, a fully equipped commercial kitchen and a liquor licence until midnight. The current owner has run it since 2022 with an experienced team in place, and the lease runs for over 10 years including options. The vendor reports average weekly takings of $39,000, rising to $55,000 to $74,000 in many summer weeks. Net profit is estimated at $5,000 to $8,000 per week when owner-operated.
3. Wine Bar & Restaurant, Sydney CBD, NSW
Asking price: $475,000 + SAV
Priced just under the national average, this fully managed European restaurant and wine bar has traded in Sydney's financial district for 10 years. The 175-seat venue has a 12-metre bar, a 500+ label Spanish wine list and strong corporate trade from surrounding offices, law firms and banks. It also has more than 1,000 Google reviews with a 4.4 rating. The vendor reports weekly turnover of $83,782 (inc. GST) and net profit of $5,525, with the lease extended to January 2031.
4. Authentic Italian Pizzeria, Hervey Bay, QLD
Asking price: $499,000
Overlooking one of Hervey Bay's most visible stretches of the Esplanade, this fully licensed pizzeria is built around traditional Neapolitan pizza and quality ingredients. It has a loyal following of repeat customers. It trades just five days and around 18.5 hours a week, offering a rare lifestyle balance. Income comes from dine-in, takeaway and delivery. The venue seats 100, including alfresco dining, and all plant and equipment is fully owned and in excellent order. Trained staff and established systems are in place, and the outgoing owner offers full training to help a new owner settle in.
Licensed Restaurant Lounge Bar And Hospitality Venue in Semaphore SA
5. Korked Licensed Restaurant & Lounge Bar, Semaphore, SA
Asking price: $500,000
Opposite the beach and foreshore at the coastal end of Semaphore Road, Korked is an established Adelaide venue with ocean and sunset views and a loyal local following. The brand dates back to 2016 in Port Adelaide before moving to its current home. The venue is licensed for 186 patrons, with 120 indoors and 66 outdoors. It spans a bar, commercial kitchen, dining room, lounge, sunroom, a dedicated live music room and substantial covered outdoor areas. It's licensed to trade from 7am to 2am, seven days a week, so there's room to grow daytime trade, food service and functions. Major local events like the Semaphore Street Fair and New Year's Eve fireworks bring in extra crowds, and the existing staff are willing to stay on.
6. Japanese Restaurant, Wantirna South, VIC
Asking price: $500,000 + SAV (approx. $9,000)
In a high-exposure retail and entertainment precinct in Melbourne's east, this well-established Japanese restaurant seats around 120 and has a loyal customer base and strong trading history. The vendor reports annual takings of $2 million. An experienced team and established operating systems are in place for a smooth handover, and the lease is secured through November 2032. There's also room to grow through takeaway, delivery and catering, making it a turnkey option for an owner-operator or hospitality group.
7. Restaurant & Bar, South Yarra, VIC
Asking price: $550,000 + SAV
Set in one of South Yarra's busiest hospitality precincts, this restaurant and bar has been under the same ownership for seven years. It's fully managed by an experienced team, with the owners mainly handling the accounts. The venue seats around 100 across indoor, front and rear outdoor areas, plus a function space. It has a liquor licence for 150 patrons and a high-value fit-out in excellent condition. The vendor reports weekly takings of $50,000, with rent at around 6.5% of sales and roughly 13 years remaining on the lease. A hands-on operator could also lift sales through marketing and service improvements.
Find your next restaurant on Bsale
As these listings show, a budget around the national average can buy anything from a beachfront all-day venue to a fully managed CBD wine bar or a lifestyle pizzeria by the water. Browse all restaurants for sale on Bsale to find the right fit for your plans and budget.
Disclaimer: This article is general information only and not financial or legal advice. Listing details are provided by vendors and brokers and have not been verified by Bsale. Buyers should conduct their own due diligence and obtain professional advice before purchasing a business.
Tags: listicle buying small business
About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
