How would a small business go?

My parents, who are both restaurant owners, are thinking about moving up to Nelson's bay/shoal bay, and opening up either a pizzeria/small restaurant or a dessert bar & cafe near the beach. So my question is, how would a small business like that go in a place like Nelson's bay? Is it worth the move? And are there many travellers that spend well in Nelson's bay? Regards.
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It seems to me that business can be done anywhere. The main thing is to choose a clear strategy and implement your ideas using good tools. One day I came here https://slidepeak.com/pitch-deck-design and started ordering presentations for our company. Bright slides and a creative approach helped us expand our audience. Our company's performance has improved significantly.

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Because the town is based alot on tourism be careful with the Winter months, alot of business do not prepare for this,and end up closing down within 2 years. Also the rentals for businesses are over the top here also, take a look down a few arcades and you can see what greedy landlords have done.

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Rentals in Nelson Bay, NSW 2315