Licensed Corner Restaurant, 60+ Seats, Oracle Broadbeach

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LICENSED CORNER RESTAURANT SITE AT THE ORACLE, BROADBEACH. 60+ SEATS, FITTED AND READY TO TRADE.

This is a street-front corner in Broadbeach's premier dining precinct, a short walk from the beach, the convention centre and The Star. It sits at ground level with walk-in trade from both directions.

60+ SEATS, MOST OF THEM OUTSIDE

24 indoors
1624 in the licensed outdoor seating area, included in the rent
24 undercover along Charles Avenue on a council roadside dining permit, current to August 2027

LICENSED TO MIDNIGHT The on-premises restaurant licence covers the restaurant and outdoor seating from 10am to midnight, seven days. It also allows takeaway and delivery of alcohol with meals. The licence transfers with the business sale, subject to OLGR approval.

READY TO TRADE The fitout includes a commercial kitchen, grease trap, refrigeration, counter and cold display, the corner shopfront and furniture throughout. Building this from a bare shell typically costs $150,000$300,000 and takes two to four months before you can open. (An exhaust system and ducting exists also)

THE UPSIDE The site has turned over average $870,000 a year as a daytime salad bar that closed at 7pm and barely sold a drink. That leaves a lot untapped:
- five more trading hours a night (after 7pm with landlord consent)
- a full drinks list
- dinner trade in the Broadbeach night precinct

THE LEASE Rent is $90,507 pa + GST, with a fixed 4% increase each year and no market reviews. The landlord will grant a new lease and vary the permitted use to suit your concept.

WHO IT SUITS Dining-led concepts with a strong drinks list, such as a modern bistro, grill, Italian, Japanese, or tapas and share plates. It's also a strong next venue for an established operator.

PRICE $140,000 including GST for the fixtures, fittings, plant and equipment, plus stock at valuation. Sold unbranded, with no goodwill.

NEXT STEP Complete the short enquiry form to receive the full information pack and book an inspection:

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