This Gelateria presents itself beautifully with 7.5 years of trading history with the same owners, authentic Gelato and Sorbets made in house as well as cakes and coffee! Located on the corner in a prime location on a busy street its hard to miss as you drive or walk by.
This bayside treat has performed well for years and proudly reports consistent profitability with fantastic COGS for the owner operators of the business and a small team of casual staff.
With COGS at 17% and rent at 8% this business presents a model opportunity for a buyer who wants to take over a healthy business that will pay them a healthy wage from the outset that still has upside with a focus on growing online presence and improving the brand presence. The business is not currently putting any focus into advertising or marketing and still returns healthy profit and great sales.
The opportunity snapshot:
*Strong net profit already on the books
*Low risk to buyer
*Long and strong performance history
*Opportunity to learn how to make and master gelato
*Increase and improve brand presence (and sales)
*Mobile gelato cart for the nearby public walkways that get very busy on weekend.
Lease Details
1.5 years remain with 3 year option taking it through to November 2029
Premises Details
79.8 Square meters with front of house and back of house production facility.
Staff Details
The business is currently run by the owner who works around 35 hours per week and 4-5 casuals that work around 40 hours per week
Opening Hours
5 days. Closed Monday and Tuesday
Wed 12-6pm
Thur 12-6pm
Fri - 12-9pm
Sat - 10am-9pm
Sun 10am-5pm
Opportunity
Increase sales through marketing and social media increase present.
Prepare the brand for more sites.
Refresh the fitout and ad more offerings.
Mobile gelato cart for the nearby public walkways that get very busy on weekend.
**Weekly**
Sales $8,150
Rent $665
