Iconic Beachfront Restaurant, Iconic Location - Airlie Beach

Iconic Waterfront Restaurant
Queensland Tourist Destination
Under Full Management
$3,092,044 Revenue

There are a handful of restaurants in Australia where the position alone would be worth owning. This is one of them.
Waterfront Restaurant in one of Queenslands great tourist destinations. Al fresco dining looking straight out over the water, in a town people save up all year to visit, with passing trade every month of the year.

Established well over a decade, this is a genuine institution in its market and one of the most recognised and highly reviewed venues in the destination it trades in. Pasta and gnocchi made in-house daily, desserts made fresh each day, house-made limoncello, herbs grown on site, and a cellar of more than 90 wines from Australia, New Zealand and Italy.

And it runs under full management. An experienced on-site team handles the day-to-day, with the owner working on the business rather than in it. The team is in place and staying on.

You can own this on site. You can also own it from anywhere in the country.

BUSINESS HIGHLIGHTS
- Revenue: $3,092,044
- Under full management, experienced team in place and staying
- Waterfront position with al fresco dining
- Established over a decade, a genuine institution in its market
- Trading 7 days, lunch and dinner, year-round
- Private function room plus al fresco and indoor dining
- Everything made in-house: pasta, gnocchi, desserts, limoncello
- 90+ wine list with genuine Italian depth
- Fully fitted commercial kitchen and dining fit-out included
- Online bookings with a decade of customer history

OPERATIONAL STRENGTH
This is not a start-up and it is not a turnaround. It is a mature, professionally run business with:
- An experienced manager running day-to-day trade, rostering, ordering and service
- A trained kitchen team producing fresh product every day
- Established suppliers, systems and food safety compliance in place
- A decade of booking history and a genuine local following alongside the visitor trade
- A second, self-contained dining room capable of running functions independently

The next owner steps into a running business. No recruitment scramble, no menu to rebuild, no reputation to earn. That took over a decade and it is already done.

THE MARKET
Queensland tourism is at record levels. Total visitor expenditure reached $45.5 billion for the year to March 2026. International visitor spend hit $8.2 billion, up 35.2%, and 26.1 million domestic overnight visitors spent $37.3 billion.

Waterfront tenancies in destinations like this do not come to market. Nobody is selling one and nobody is building more.

WHERE THE NEXT OWNER TAKES IT
- Weddings and functions, with a private room not currently marketed as a function space
- Group and charter dining, an untouched revenue line in a destination built on visitors
- Set menus for scheduled high-volume days, booked weeks ahead
- The cellar as a margin lever through wine dinners and a premium by-the-glass program

WHO IT SUITS
- Passive investors wanting a managed, income-producing asset
- Multi-site operators seeking a landmark waterfront position with immediate trade
- Established restaurateurs who would rather step into a decade of goodwill than build one
- Lifestyle buyers wanting the destination without being tied to the kitchen
- Business migration buyers requiring an established, staffed regional trading business

Asking Price: $1,320,000 + SAV

Confidential sale. Business name and location withheld at the owner's request. Please do not attempt to
identify or approach the business or its staff.