Over $30k weekly turnover, award winning, waterfront, highly profitable
Nestled right next to the Gladstone Marina and East Shores Parklands, The Dock at East Shores is a one-of-a-kind award winning waterfront restaurant. With spectacular views, delectable food and an extensive array of drinks.
Perfect for breakfast meetings & evening functions right through to afternoon drinks, or dinner with cocktails and wide selection of specialty beer and wines.
This Gladstone favourite offers plenty of under cover outdoor seating.
The Dock at East Shores operates autonomously with the owner hands off. Embedded systems are in place and a great team of over 20 staff led by a Head Chef and Restaurant Manager.
Weekly revenue is over $30k, COGS at 30%, Wages 30-33% and rent at a low 3.5% of revenue. The business is highly profitable and has approved expansion plans in place, including liquor licensing approvals, to double seating capacity and take even more advantage of the marina views.
Current seating capacity is 140 with Friday, Saturday and Sunday regularly being at full capacity. Open 7 days a week for Breakfast, Lunch and Dinner.
A video of the venue can be found on our facebook page https://www.facebook.com/thedockateastshores/ or our website www.thedockgroup.com.au
It will be sold with all equipment unencumbered. Current lease has 3 years remaining with an additional 5 year option. Very good landlord who is supportive of growth plans.
Selling to free up cash for a new venture.