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Green Joe Wok And Sushi For Sale

Townsville, Queensland, Australia
Asking Price:
$100,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$300,000 (AUD)
Cash Flow:
On request

Located in the busy Hermit Park Shopping Centre, Green Joe Wok & Sushi is a well-established Asian takeaway that has been serving the local community for over 10 years. With Woolworths as the anchor tenant, the business enjoys consistent foot traffic, while its position just outside the centre provides easy access for takeaway and delivery customers.

This much-loved business offers a delicious mix of Japanese, Chinese and Southeast Asian cuisine, including freshly made sushi prepared daily, popular wok-fried dishes, customer-favourite fried rice and flavour-packed laksa soups. Everything is made fresh on-site, which has helped build a loyal following and an excellent reputation in the area.

Currently generating a steady turnover of approximately $8,000 to $9,000 per week, the business operates just five days per week, providing an excellent work/life balance while still delivering solid returns. An incoming owner could further boost revenue by extending trading to seven days.

Supported and operated by two full-time owners and one casual, Green Joe Wok & Sushi is perfectly suited to a couple or hands-on owner-operator seeking a simple, proven operation.
The business benefits from strong online presence and customer feedback, with a 4.6-star Google rating, 4.8-star TripAdvisor rating and over 1,000 Facebook followers. The setup includes a takeaway-focused layout with seating for 10 customers, along with phone ordering and home delivery options already in place.

Offered for sale at only $100,000 wiwo (neg), the business includes an affordable lease, providing security and low overheads. There is clear potential to grow further by extending trading hours, increasing delivery channels or expanding marketing efforts.

The owners are selling due to genuine health reasons, creating an excellent opportunity for a new owner to step in and continue the success of this well-regarded local favourite.

Property Information

Real Estate:

Lease

Lease Terms:

3 years left on the lease until April 2029

Leasehold Rent:

$51,000 (AUD) per annum

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Health issues

Trading hours:

5 days per week

Employees:
3
Years established:
2016

Other Information

Support & training:

support and traning can be offered to a prospective buyer.

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Inventory / Stock value:
$2,000 (AUD) - included in the asking price