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Purpose-built floating seafood restaurant

Photos: LINK Business Brokers

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About the business

A purpose-built floating seafood restaurant on the Gold Coast, Queensland. It has been operating for nearly two years. It does not rely on the owner for daily operations. The venue is relocatable and has a purpose-built commercial kitchen and restaurant facilities. The sale includes the vessels, two fully refurbished timber trawlers. It runs wine dinners, live music and themed events. The reason given for the sale is other business commitments. The broker reports an experienced venue manager, chefs and wait staff in place, and significant untapped potential in the functions market.

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.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $2,500,000 is paid

  • Your cash $750,000
  • Loan $1,750,000

What borrowing costs

$2,217,187 repaid in all

  • Borrowed $1,750,000
  • Interest $467,187
AU-20715Estimate

Asking price$2,500,000

Paid by

Your cash$750,000

Secured loan, 7 years at 6.98%$1,750,000

Each month

Loan repayment$26,400

Repayments each month

$26,400

Over 7 years you repay $2,217,187, of which $467,187 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.

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