Gelato - Ice Cream - Takeaway - Gelato - Coffee - Takeaway - Established 10 years - Nets $247k p.a..-Inner West - G1794

Gelato - Ice Cream - Takeaway - Gelato - Coffee - Takeaway - Established 10 years - Nets $247k p.a..-Inner West - G1794

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Marrickville


Industry :
Food/Hospitality
Sub Industry :
Takeaway Food

Gelato - Ice Cream - Takeaway - Inner West - Agent SBX Code Number: G1794

Takeaway serving gelato and ice cream. This old-school gelateria has been a local favourite for the last 10 years. There are around 18 flavours, roughly 10 classics and eight rotating styles that depend on both the season and the owners fancy. He has made an espresso sorbet for his mum, who misses the icy granitas of southern Italy. Also offering coffee & a selection of cold drinks. Seating for 20 inside & 10 outside.

Potential
Could open 7 days per week. - The current owner closes for 3 weeks per year. - A new owner can trade for 52 weeks per year. - Potential for someone with a passion for artisan/traditional style gelato. - Could be more proactive with social media and marketing. - Could expand product range.

Features
Very traditional gelateria. - Well established business. - Great location. - Foody Destination. - Excellent financials. - Long Lease & low rent. - Close to transport & many restaurants & bars.

Premises
This shop has an area of 120 sq mts.

Location
Well located in Inner West. - foodie destination with many local restaurants and close to transport.

Trading Hours
5 days - Wednesday & Thursday 2 pm to 10 pm. Friday 1 pm to 10 pm. Saturday & Sunday 12 pm to 10 pm.

Lease
5 year lease + 5 year option. Expires April 2030. - Annual Increases of 3% p.a. - 3 months rental bond.

Employees
1 owner + 8 casuals

Comments
Please note that the average weekly figures are based on the 2023 FY Accountants Financials after owners wage & Depreciation has been added back to profits. (This was based on a 52 week year but the owner was only open for 49 weeks)

Figures
Weekly Sales $9695
Rent (ex GST) $906
Wages $1599
Profit $4763


Agent SBX Code Number: G1794 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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