Restaurant for sale, Mackay QLD
About the business
A franchise restaurant in Bowen, Queensland. It was established in November 2017. It has 2 managers plus 10 casuals, and the number varies. The premises are 56m2, with a fit out current until late 2027. The current lease expires July 2030 with 3 x 5 year options. The franchise agreement expires May 2029 with 5 year options. Training is 8 weeks, with 1 to 2 weeks in Brisbane and the balance in a local training store. The reason given for the sale is that the owner is selling to consolidate in another area. The broker reports bank finance may be available to approved applicants.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$350,000
Paid by
Your cash$105,000
Secured loan, 7 years at 6.98%$245,000
Each month
Loan repayment$3,700
Repayments each month
$3,700
Over 7 years you repay $310,406, of which $65,406 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.