Food, Beverage & Hospitality business for sale in Port Melbourne
- Food, Beverage & Hospitality
- Port Melbourne VIC 3207
- $295,000 (GST na)
GLicious Gelato & Loukoumades
The highest quality Italian Gelato and authentic homemade Greek Doughnuts; GLicious Gelato and Loukoumades is a new trend-setting dessert bar located in Port Melbourne's Bay street with expected strong ongoing trade ($3,500 plus per day) for the summer months, weekends, public holidays, and solid online delivery orders.
GLicious Gelato is of the highest Italian standards made in Melbourne, offering 30 distinct flavours, including vegan-friendly options. GLicious Loukoumades, also known as Greek doughnuts, are bite-sized balls deep-fried to crispy, golden perfection a creation made 'fresh' on site. GLicious secret ingredient is 'Love'.
The key features of the business are:
A recently fitted-out on-trend dessert bar in the heart of Port Melbourne close to the beach, ready for summer
An excellent product coupled with exceptional customer service
Fantastic reviews state how superb the Gelato is with repeat customers, some coming from as far away as Reservoir and South Morang
Growth opportunities - the most obvious are extending trade hours; a new owner can immediately increase revenue
Bay Street Port Melbourne has a huge morning/day trade for coffee and dessert, brunch and lunch, and dessert. A new owner can immediately increase revenue by opening as early as 6 am for this market and can add more to the menu
It is important to point out that most of the 2021-year Greater Melbourne were in lockdown, yet the business survived, take away trade averaged $20,000 a month
The business trade has been fantastic coming out of lockdown as the revenue has been increasing month on month, and for October, the revenue was $34,000
The earning potential is unknown and expected to grow as the market has responded favourably and the lockdowns are over
The lease includes a 3-bed apartment which comes with the business; live in it, provide it as staff accommodation or lease it out
GLicious Gelato and Loukoumades is a family-run business. With regret, the founders are selling to relocate overseas as the business is increasing in presence, customers, and revenue.
GLicious Gelato and Loukoumades is unique, and its real potential is yet to be uncovered.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Summary and Due Diligence.
Price: $295,000 + SAV
Finn Business Sales
(03) 9372 0243
Broker: Gary Watson
0408 288 176