Two established Gelato outlets. Ave Profit $148K under management!
Location is critical to the success of any hospitality business. It is difficult to imagine a more perfect position that these two Gelato retail outlets have, located in prime sites at two of the Sunshine Coasts most popular shopping centres. The other critical factors that underpin the future success of this business are:
The Gelato market is in high in volume and is increasing rapidly. Australia and New Zealand have the highest Gelato consumption in the world (higher than Italy!) the premium products available guarantee high quality standard.
Healthy food options are a well-established trend in Australia. With its balanced combination of fats, protein and sugars fresh Gelato removes the guilt from eating a dessert
The year-on-year growth of tourists. Day trippers alone increased by 39% to 6.8 million! The perfect target audience for this company's products.
The well-established, fast-growing demand by Australians for high-quality desserts
The business is currently under management. An owner/operator would significantly increase profitability
An investment of over $130K has delivered a stunning fit-out for each store. The close proximity of each outlet means the 12 rotating staff are happy to work at either site, which have a combined revenue for approximately $550k with significant growth forecast for FY25.
The potential to quickly and profitably grow is real and demonstrable. Specifically, harnessing the marketing power of social media, making the most of the liquor license while seasonally increasing opening hours. These businesses are very popular as they have excellent cash flow with zero debtors and may be suitable for Small Business Owners pathway (491 visa)
This is a superb opportunity to purchase a cash positive, well-known local business - the current owners are committed to a successful transition; are highly flexible in terms of what the handover would look like and prepared to offer extensive training/on-going support making this the perfect opportunity to become your own boss.
$155k WIWO
Eamonn Bicknell: 0452 321 954
