Wrasse & Roe Seafood Restaurant

Port Douglas QLD
Asking Price $650,000 + SAV
Revenue
Profit
About

Wrasse & Roe Seafood Restaurant - Premium Coastal Dining Business for Sale

Exceptional Lifestyle & Investment Opportunity

An outstanding opportunity to acquire Wrasse & Roe, a well-established, fully licensed seafood restaurant renowned for its premium dining experience, quality cuisine, and enviable location.
Ideally positioned within the popular Coconut Grove Apartments complex, the restaurant enjoys direct exposure to both a loyal local customer base and a strong year-round tourist market. With seating for 100 guests, Wrasse & Roe has become a destination for exceptional seafood and memorable dining experiences.

Business Highlights

    Fully licensed seafood restaurant with seating for 100 guests
    Prime location within the Coconut Grove Apartments complex
    Strong mix of repeat local clientele and year-round tourist trade
    Direct access to apartment guests seeking quality dining
    Contemporary seafood-focused menu featuring premium local and imported produce
    Established takeaway service exclusively for apartment guests and holidaymakers, generating additional revenue with minimal overhead
    Excellent reputation for outstanding food, service, and customer experience
    Turnkey operation with established systems and experienced staff

Business Strengths

Wrasse & Roe has built a strong brand based on exceptional seafood, professional service, and a unique dining atmosphere. The restaurant has successfully hosted a range of highly regarded specialty events, including:
    Premium gin tasting evenings
    Champagne and caviar experiences
    Exclusive food and beverage events
    Private functions and celebrations
These events have attracted both locals and visitors, creating additional revenue while reinforcing the restaurant's premium reputation.

Growth Opportunities

A new owner will benefit from numerous opportunities to expand an already successful business, including:
    Increase specialty dining events and themed experiences
    Develop wine, whisky and premium spirit tasting nights
    Expand private functions, weddings and corporate events
    Enhance digital marketing and social media presence
    Introduce cooking classes or chef's table experiences
    Extend takeaway and premium seafood catering services
    Partner with local tourism operators and accommodation providers
    Expand trading hours during peak holiday periods

Why Invest?

Wrasse & Roe combines an established reputation, prime waterfront accommodation location, loyal customer base, and multiple untapped growth opportunities. With tourism continuing to drive demand for quality dining experiences, this business presents an exceptional opportunity for an owner-operator, hospitality group, or investor seeking a profitable, lifestyle-focused acquisition.
Businesses of this calibre, with an established brand, premium fit-out, and proven trading history, rarely come to market.
Enquire today to discover the potential of owning one of the region's most respected seafood dining destinations.

Ref Num: 566163
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Listed By: Last Updated 04 Aug 2026
Contact this seller
What's your enquiry about?
Listed By: Last Updated 04 Aug 2026