FOR SALE
For Sale As Going Concern WIWO

Monte'S Restaurant & Bar , Captain Jack Drive
Cape Gloucester QLD 4800

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Invest In A Thriving Culinary Experience At Monte's Bar & Grill, Cape Gloucester

Welcome to Monte's Bar & Grill, a premier destination in Cape Gloucester, renowned for its exceptional dining experience and spectacular seaside location. This thriving establishment is not only a favorite among locals but also a must-visit for tourists. We invite potential buyers to explore this unique business opportunity.
Strategically situated by the picturesque waters of Cape Gloucester, Monte's offers diners stunning ocean views. The scenic backdrop not only enhances our guest's dining experience but also positions Monte's as an ideal spot for romantic dinners, casual lunches, and special occasions, greatly contributing to our strong and consistent foot traffic.
Monte's Bar & Grill is not just about food; it's about creating an atmosphere. With live music every weekend and a layout that supports both cozy dinners and vibrant social gatherings, Monte's serves as a cultural hub in Cape Gloucester. This has established the restaurant as a community favorite.
Investing in Monte's means more than just buying a restaurant; it's an opportunity to own a piece of Cape Gloucester's hospitality market. There is ample room for expansion through enhanced marketing strategies, development of ancillary services like catering and event hosting, and leveraging the brand for merchandise and regional food products.
We are seeking new owners who are passionate about the food and beverage industry and excited about the prospect of growing a well-established business. Monte's Bar & Grill offers a promising investment with its proven profitability, strategic location, and strong market presence.
For more detailed financial information and to discuss this opportunity, please contact Brett Dwyer 0447 583 759 or email brett.dwyer@raywhite.com.
Prospective buyers will be asked to sign a confidentiality agreement.

Property Details for Monte'S Restaurant & Bar , Captain Jack Drive, Cape Gloucester, QLD 4800

Building Type
Commercial

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About Cape Gloucester 4800

The size of Cape Gloucester is approximately 228.4 square kilometres. It has 2 parks covering nearly 37% of total area. The population of Cape Gloucester in 2011 was 327 people. By 2016 the population was 44 showing a population decline of 86.5% in the area during that time. The predominant age group in Cape Gloucester is 60-69 years. Households in Cape Gloucester are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cape Gloucester work in a professional occupation. In 2011, 79.8% of the homes in Cape Gloucester were owner-occupied compared with 84% in 2016..

Cape Gloucester has 90 properties. Over the last 5 years, Houses in Cape Gloucester have seen a 48.66% increase in median value, while Units have seen a -66.69% decrease. As at 31 July 2024:

  • The median value for Houses in Cape Gloucester is $687,171 while the median value for Units is $389,249.
There are currently 2 properties listed for sale, and no properties listed for rent in Cape gloucester on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Cape gloucester.

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Brett Dwyer
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Ray White Whitsunday
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