JAM Corner Restaurant – Townsville
Description
Award-Winning Restaurant & Boutique Function Venue in Prime Townsville Location
JAM Corner, an acclaimed restaurant and boutique function venue in the heart of Townsville, is now available for sale. This iconic establishment, nestled at the prime corner of 1 Palmer Street, offers stunning views of the CBD and Ross River, with exceptional exposure to passing motorists.
Established in 2010, JAM Corner has blossomed into one of the region’s premier dining destinations, earning a stellar reputation for its creative modern Australian fare. The menu, crafted with seasonal North Queensland produce, is complemented by an extensive selection of local and international wines. Diners can savour carefully crafted dishes for lunch and dinner, all served in a stylish, welcoming setting that reflects the best of what Townsville has to offer.
Open from Tuesday to Saturday, JAM Corner transitions seamlessly from a vibrant luncheon spot to a relaxed evening dining experience as the sun sets over Castle Hill. The restaurant boasts a variety of dining spaces, including the main dining area seating 60, a private dining room for 18, outdoor seating for 30, and a versatile function room accommodating up to 80 guests for cocktail events.
The business is supported by a dedicated team, including a front-of-house manager and a talented head chef, allowing the new owner flexibility—whether you prefer to work part-time, full-time, or keep the restaurant fully managed. The current owner has taken great pride in cultivating a warm and memorable dining experience and is offering a detailed handover to ensure a smooth transition for the new owner.
With a strong online presence, including an attractive website, 10,800 followers on Facebook and Instagram, and being ranked #2 out of 224 restaurants in Townsville on Trip Advisor, JAM Corner is a beloved part of the community.
This is an exceptional opportunity to become the owner of a profitable Townsville dining icon! Contact Susan today on 0419 905 463 for more information.
Why You Should Buy JAM Corner
- 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, ensuring the business is fully equipped and ready to operate.
- 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 10,800 followers on social media.
- High TripAdvisor Ranking: Voted #2 out of 224 restaurants in Townsville.
- Detailed Handover: Comprehensive transition plan to ensure a smooth changeover.
Business Price
JAM Corner is being being sold for $299,000 plus stock at valuation (estimated at $20,000 – $30,000).
Confidentiality Agreement
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
susan@beyond2000.com.au
www.beyond2000.com.au