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Restaurant Business for Sale in Tugun
Locally Loved. Deliciously Different
Next Steps:
Enquire with agentBecome the proud new owner of one of Tugun's most beloved dining establishments. This contemporary Thai and Asian fusion restaurant is known for its buzzing atmosphere, exceptional cuisine, and loyal local following. Established in March 2018, this turnkey business has been a staple of the southern Gold Coast's dining scene for over 7 successful years.
Business Highlights
• Prime Tugun Location - Highly visible corner tenancy with consistent foot traffic and local destination appeal.
• Stunning Fitout - 97m2 of internal elegancy seating 50pax withoutdoor dining opportunities
• Strong Financials - $1.12M in gross sales FY2024
• Full Liquor & Food Licences - Fully compliant with a GCCC Food Licence and Liquor Licence, enabling dine-in, takeaway, and events.
• Strong Staff Structure - Casual workforce led by a dedicated Restaurant Manager (overseeing FOH & rostering) and hands-on owner-operator (approx. 30 hours/week kitchen oversight)
Reputation & Local Presence
This established restaurant boasts 272 Google Reviews with a 4.7-star average, praised for its Fresh, punchy flavours, "Chilled atmosphere", "Attentive staff" ", Best Thai on the Coast!" Backed by glowing reviews and repeat customers, this is more than a restaurant; it's a local favourite with high goodwill and strong brand presence.
Growth Opportunities
Currently operating just five evenings per week, trading less than 20 hours weekly, leaving enormous upside for a motivated buyer. With high demand for quality dining in Tugun and surrounding beachside suburbs, extending hours to include lunch service, weekend brunch, or Monday nights presents an immediate revenue opportunity. In addition, the venue layout lends itself beautifully to a future covered outdoor dining area, which could significantly increase seating capacity and enhance street appeal. With tourism, local population growth, and shifting dining trends all favouring casual alfresco experiences, this untapped potential makes this Tugun staple a standout opportunity for expansion-minded operators.
Assets & Equpiment
An impressive fit-out included in the sale, from commercial kitchen to elegant FOH furniture:
Back of House:
- Double wok burner, four-burner gas stove, upright deep fryer + benchtop fryers
- Large walk-in cool room, upright freezers, underbench dishwasher
- Stainless steel benches and shelving throughout
Front of House:
- 2 x triple-door bar fridges, 2-tap keg system
- 10 x hardwood tables, 5 x picnic tables, 26 chairs, 16 bar stools
- Air conditioning, speaker system, Kounta (Lightspeed) POS system
A full plant & equipment register is available upon request.
Please contact James Mulholland for further information. Please note that an NDA is required for further information.
Disclaimer:
All information (including but not limited to the property area, floor size, price, approvals, address and business description) is provided as a convenience to you, and has been provided to Ray White by third parties. Ray White is unable to definitively confirm whether the information listed is correct or 100% accurate. Ray White does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any business on the Website. Prices displayed on the Website are current at the time of issue but may change.
Next Steps:
Enquire with agentThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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