Harri Dumpling & Sakana Japanese Restaurant - Townsville

Townsville QLD
Asking Price $90,000 +SAV, Negotiable
About

Business Overview This is an amazing opportunity to buy two adjoining Townsville food businesses for the price of one:

  • Harri Dumpling: A fast paced dumpling bar in the heart of the CBD servicing a strong business lunch trade as well as visiting tourist trade. This is a very recognisable brand which has been established for 6 years, with seating for 40 and a liquor licence; and
  • Sakana Modern Asian: A Japanese/modern Asian licensed restaurant with seating for up to 80. It has been established for 8 years and with a strong reputation for quality food and service.

Harri Dumpling and Sakana's high profile position couldn't be better! The joint tenancy is ideally located in the heart of the Townsville CBD at the Flinders Street entry to City Lane & City Arcade (373 Flinders Street). Being only 5 minutes walk from the Townsville Stadium allows for greatly increased trade when there are NQ Cowboys football games and concerts at the stadium.

Both of these businesses underwent a massive renovation in November 2021 costing close to $500,000. Most of the equipment was brand new in 2021 and incorporates a state of the art kitchen and restaurant fit out. Whilst the two businesses remain separate with their own kitchens, much of the other facilities are shared, such as cool room, freezer and dishwashing area. This allows for both businesses to operate autonomously or to utilise food items from both menus should it be advantageous to do so and to be able to streamline staff costs.

Due to time restraints of the owner, Harri Dumpling and Sakana Modern Asian are presently only operating for 40% of the possible opening hours. There is massive potential to increase the trading horus and further increase the turnover.

These businesses are offered for sale at a great price for a quick sale as the owner has family health problems and needs to return to the Sunshine Coast asap.

Why You Should Buy Harri Dumpling & Sakana Modern Asian

  • Two very well established businesses
  • Perfect location at Flinders Street entry to City Lane and City Arcade
  • A total renovation valued at nearly $500,000 was carried out in November 2021
  • State of the art kitchens and fit outs
  • Fantastic reputation as two of the leading Asian restaurants in Townsville
  • Enormous amount of untapped potential
  • Both businesses have liquor licences
  • Both businesses have key staff members trained to the highest standards
  • Businesses can operate autonomously or utilise food items from both menus and streamline staff costs
  • Perfect business for a couple or family
  • Long term lease in place
  • Genuine reason for sale

Business Price
Harri Dumpling City Lane and Sakana Modern Asian are being sold for $90,000 plus stock (estimated at $5,000) (neg).

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.xxxxx-agreement.

Business Broker
Susan Butler – xxxxx
xxxxx
www.xxxxx

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