Business For Sale Townsville City, Queensland 4810
Business Category Cafe and Coffee Shop Pubs Restaurant
$60,000
Description
Momo Japanese Cuisine - Townsville
For Sale: MOMO Japanese Cuisine - A Premier Dining Destination in the Heart of Townsville's CBD
This is an incredible opportunity to own MOMO Japanese Cuisine, a modern, fully licensed restaurant renowned for its excellent reputation and authentic menu. The restaurant is situated in a superb position in Townsville city's bustling entertainment and dining district at 235 Flinders Street East, a prime spot surrounded by high-quality businesses, offices, and vibrant nightlife.
MOMO Japanese Cuisine boasts a comfortable and stylish air-conditioned dining area designed to seat 40+ diners in a contemporary setting. The buyer has the flexibility to continue with the successful Japanese cuisine or to adapt the menu to suit their culinary expertise.
Currently, MOMO Japanese Cuisine only operates Thursday to Saturday from 5.30pm to 9.00pm, allowing for significant expansion potential. The restaurant is efficiently managed by both owners, who each work 10 hours per week (front-of-house and kitchen duties). They are supported by a part-time chef working 15 hours per week, a part-time kitchenhand for 10 hours per week, and a casual kitchenhand for 6 hours per week.
Even with the short opening hours, the business is still covering all expenses. There are ample opportunities for the buyer to grow the business. Expanding the trading days to seven days a week, introducing breakfast and lunch services, offering takeaway meals, and providing catering and event hosting are all viable options that can significantly increase revenue and customer base.
MOMO Japanese Cuisine's potential for growth and diversification makes this restaurant an enticing opportunity for any aspiring restaurateur or seasoned business owner looking to expand their portfolio. Don’t miss out on this rare chance to own an affordable restaurant in one of Townsville's most vibrant areas. Contact us today.
Why You Should Buy MOMO Japanese Cuisine:
* The prime location ensures steady foot traffic and high visibility, making it a sought-after dining destination
* The restaurant enjoys a strong reputation, boasting a 4.7-star rating that reflects its dedication to quality and customer satisfaction
* The modern and attractive fit-out creates a welcoming atmosphere for patrons
* There is a secure lease until 2027 and affordable rent
* Huge potential for growth
* A great foundation has been set for any cuisine of choice
* Perfect entry level restaurant at a bargain of a price
MOMO Japanese Cuisine is being sold for $60,000 plus stock (neg).
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at XXXXXXXXXX .
Business Broker:
Susan Butler – XXXXXXXXXX
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