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Restaurant business for sale in Townsville City

  • Restaurant
  • Townsville City QLD 4810
  • $245,000 plus stock

JAM Corner Restaurant - Townsville

Highly Acclaimed Restaurant & Boutique Function Venue in Prime Townsville Location

JAM Corner, a multi award-winning restaurant and function venue, is ready for new ownership. Perfectly positioned on the corner of 1 Palmer Street, this iconic establishment enjoys exceptional visibility and picturesque views of the CBD and Ross River.

Since opening in 2010, JAM Corner has become one of Townsville's top dining destinations, celebrated for its innovative modern Australian cuisine made with fresh seasonal produce from North Queensland. With a carefully curated wine list, chic interiors, and a warm, welcoming atmosphere, the restaurant offers a premium experience for both lunch and dinner service.

Over $460,000 worth of unencumbered assets are included in the sale, ensuring the business is fully equipped and and primed for continued success.

Open Tuesday to Saturday, JAM transitions effortlessly from a popular lunch venue to a relaxed evening dining spot as the sun sets over Castle Hill. The flexible layout includes a 60-seat main dining room, private dining for 18, alfresco seating for 30, and a boutique function space catering for up to 80 guestsperfect for weddings, events, and cocktail parties.

The business is supported by an experienced team, including a head chef and front-of-house manager, giving the new owner freedom to operate hands-on or in a more strategic, managerial role. A comprehensive handover will be provided to ensure a smooth and successful transition.

With 11,000 engaged followers across Facebook and Instagram, a top ranking on TripAdvisor (#2 of 453 restaurants in Townsville), and a loyal local following, JAM Corner is a standout opportunity for anyone passionate about hospitality.

This is your chance to take the reins of a profitable, well-established dining institution in a sought-after location. Contact Susan Butler today on 0419 905 463 for more information.

Business Features:

* Award-Winning Restaurant: Widely recognised as one of the top dining spots in Townsville.
* Prime Location: Situated at a high-visibility corner with stunning views of the CBD and Ross River.
* Established Success: Thriving since 2010 with a strong, loyal customer base.
* Profitable Business: A well-established and financially successful enterprise.
* Valuable Assets: Over $460,000 worth of unencumbered assets included.
* Flexible Ownership: Option to work part-time, full-time, or maintain full management with a dedicated team in place.
* Stylish Setting: Elegant and inviting atmosphere for a memorable dining experience.
* Diverse Dining Spaces: Includes main dining area, private room, outdoor seating, and a versatile function room.
* Strong Online Presence: Attractive website and 11,000 followers on social media.
* High TripAdvisor Ranking: Voted #2 out of 453 restaurants in Townsville.
* Detailed Handover: Comprehensive transition plan to ensure a smooth changeover.

JAM Corner is being being sold for $245,000 plus stock at valuation (estimated at $20,000 $30,000).

To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler 0419 905 463
www.beyond2000.com.au

Business Highlights

Business ID2019471015
Floor AreaAsk Business Broker
Category
Last updated  23 Mar 2025
Map for Townsville City QLD 4810
Map for Townsville City QLD 4810Townsville City QLD 4810
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Business Highlights

Business ID2019471015
Floor AreaAsk Business Broker
Category
Last updated  23 Mar 2025

Listed by

Susan Butler
Susan Butler
Beyond 2000 Business Sales
Call
0419 905 463

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