Sakana Modern Asian & Harri Dumpling – Townsville

Business Overview
Located in a joint tenancy in the ever popular City Arcade in the heart of the Townsville City, Sakana Modern Asian and Harri Dumpling City Lane have just hit the market for an unbelievable package price!

Sakana Modern Asian is an a la carte restaurant and offers your classic Japanese favourites, alongside new and exciting modern Asian dishes. Harri Dumpling is an Asian fusion restaurant offering authentically made dumplings just the way you like them!

Both businesses are ideally located at the Flinders Street entry to City Lane & City Arcade at 373 Flinders Street. City Lane is Townsville’s only boutique laneway with Woolworths and a range of quality retailers, restaurants and bars. It is an exciting, vibrant, urban gathering space with exposed brickwork from the original buildings, cobblestone paths, local street art, dining, shopping, entertainment and a hidden laneway culture.

Background
Sakana Sushi Bar & Restaurant first opened its doors in City Lane in November 2014 and quickly established itself as one of Townsville’s leading Japanese restaurants. In March 2017, Harri Dumpling opened in City Arcade providing quick quality takeaway food to the business people of Townsville, with the option of also dining in.

In November 2021, the two businesses were combined into one large tenancy and Sakana Sushi Bar & Restaurant was rebranded to Sakana Modern Asian to allow for more flexibility in the menu.

Premises & Renovation
A total renovation was carried out to the joint tenancy costing close to $500,000. Most of the equipment was brand new in November 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.

Why You Should Buy Sakana Modern Asian & Harri Dumpling

• 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
Sakana Modern Asian and Harri Dumpling City Lane are being sold for $280,000 plus stock (estimated at $5,000) (neg).

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