‘Tough call’ made by Greg Josephson’s family after businessman’s death

The wealthy family of a slain businessman has been forced to make a “tough call” on their future, and they’ve done it with “heavy hearts”.

The family of slain Brisbane businessman Greg Josephson have been forced to close their businesses in the wake of his death.

Mr Josephson, 58, died at his inner-city home on June 26, and a 15-year-old boy who is known to him has been charged with murder.

Following the sale of the Universal Store clothing business that he founded with his brother, Mr Josephson amassed a network of real estate and commercial interests, but his family is now selling some of these ventures.

Greg Josephson with his wife Tamra.

“His beautiful family has been forced to make a tough call, so it is with heavy hearts that we announce the closure of Cafe Noosa, Noosa General Store and Eumundi Sourdough Co, effective since Monday 14th July,” a spokesperson for Cafe Doonan said.

Cafe Doonan is inland from Noosa Heads, north of Queensland’s Sunshine Coast.

“Cafe Doonan will remain open. We will all do our absolute best to honour Greg’s dream,” the spokesperson said.

Mr Josephson’s funeral was held on July 14. Picture: NewsWire / Tertius Pickard

Following Mr Josephson’s death last month, he was farewelled at a funeral near the family home last week.

“Words can do this loss no justice. Greg was on his way to create an amazing hub of businesses with a passion and drive that was unmatched,” the spokesperson said on Monday night.

The Noosa businesses opened in 2023, and the Eumundi shop opened in November 2024.

“He loved being a part of this community and had an impressive vision for the four locations.

“He was a kind and gentle man who is missed dearly by all staff. We are deeply saddened by this loss.”

Rosecliffe Boutique Farm Cottages in the Noosa Hinterland, also in Mr Josephson’s name, is listed for sale.

Mr Josephson founded the Universal Store clothing outlet with his brother Michael in 1999, later selling the business for a reported $100m.

Originally published as ‘Tough call’ made by Greg Josephson’s family after businessman’s death