Premier Gelateria in High Traffic Location
THE ICE CREAM SEASON IS UPON US……. I SCREAM, YOU SCREAM, WE ALL SCREAM FOR ICE CREAM! Business SEEKS NEW OWNERS WHO ARE HUNGRY FOR SUCCESS!
Broker is thrilled to present a fantastic opportunity to acquire a well-established Ice Creamery/ Gelato Store, located in the Iconic high-traffic epicentre of this Mecca Shopping & Dining Precinct – Eaton Mall.
The business has been under the careful and meticulous ownership of our client for a number of years, building an enviable reputation both locally and beyond. It is a true testament to the dedication and hard work of the current owners, resulting in the high-calibre operation on offer. Business is now being offered for sale due to the owner’s other business interests, and they are eager to see the business pass to a new owner with the same passion and enthusiasm to take it to the next level.
The food and service industry, particularly the takeaway and delivery sectors, have seen explosive growth in recent years. The demand for fast food and convenient takeaway options is at an all-time high, making this business a perfect opportunity for someone seeking to capitalise on these thriving trends.
SUPER HIGH TRAFFIC LOCATION -
JOIN: VANILLA CAKES & LOUNGE, NIKOS CAKES, MELISSA CAKES & LOUNGE, MEAT ME SOUVLAKI, JUST ITALY, MYTHOS, KATIALO, HUNKY DORY, and many more.
THE SCOOP OF THE YEAR
• High-Quality Menu: Featuring authentic, artisan gelato, sorbets, cakes, and more – all made with the finest ingredients.
• Immaculate Presentation: The shop has zero deferred maintenance and is meticulously maintained.
• Outdoor Seating: Ideal for the Spring/Summer seasons, with outdoor seating to attract customers.
• Streamlined Operations: Everything is made-to-go, making it quick and convenient for customers.
• Modern Equipment: Fully equipped with state-of-the-art display freezers, upright fridge displays, POS system, and more.
• Strong Social Media and Branding: Excellent local following and a strong presence on social platforms.
HIGHLIGHTS & UPSIDE
• High Visibility: Situated in a busy Retail/ Residential & Commercial precinct, with excellent foot traffic and visibility.
• Turnkey Business: Ready for an easy handover with all equipment & systems in place.
• Profitable: Averaging $4,000+/week turnover with a healthy 60% gross profit margin.
• Secure Lease: Low rent at just $4,300/month (inclusive of all outgoings, electricity, water, insurance, etc.). No more to pay!
• Growth Potential: Huge opportunity to increase turnover by extending trading hours, expanding the menu, or offering additional services like takeaway coffee or catering.
KEY FEATURES:
• Prime Location: High traffic area with exposure to thousands of potential customers in a vibrant food and shopping hub.
• Turnkey Operation: Fully equipped with modern fixtures and fittings.
• Customer-Friendly Setup: Open-plan retail servery with a waiting area & seating for 14 people.
• Growth Opportunities: Expand the menu to include items like Portuguese tarts, bubble tea, or even a yogurt parlour or dessert bar.
• Loyal Customer Base: This business enjoys repeat customers and a strong local following.
Financials (USD)
Asking Price Not Disclosed
Cash Flow Not Disclosed
Sales Not Disclosed
Converted From AUD
Exchange Rate $0.67
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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