Gelato - Cafe - Takeaway - Wholesale- Vegan - Gelato - Takeaway - Wholesale - Manufacturing - Vegan - Newtown - SF1606

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Gelato - Cafe - Takeaway - Wholesale- Vegan - City Fringe - Agent SBX Code Number: SF1606

Takeaway - Vegan Gelato - Cafe - Wholesale - Re locate or stay - Fantastic opportunity for a local entrepreneur or family to operate their own neighbourhood business that has grown into a destination venue - selling a variety of freshly made vegan gelato with over 20 flavours all made on site and every element is made in-house and is plant based and made from coconut and fruit - Recipes can be included - 40 seats upstairs - Lite cooking with no grease trap - Coffee machine included. This business is ideal to expand menu in its current location, add on to an existing business or move to a new premises

Potential
Could add all day breakfast menu - Expand the menu. - Open more hours - Add more wholesale - Convert to a cafe/wine bar /tapas bar (STA with no grease trap) - A motivated new owner or couple could increase sales and profit

Features
Location Location - High profit - Well established - Freshly made gelato - Good reputation amongst locals - No cooking - Virtually no wastage - Stock includes all take away containers - Large data base of customers (over 9,500 Instagram and Facebook followers) - 4.6/5 Stars rating on Google

Premises
Large retail shop with upstairs and downstairs, high ceilings, two toilets, storage room and is tiled and well set up throughout.- This business has an area of 160 sq.mts.and is with fully equipped.

Location
High profile corner location on a very busy main road with high foot traffic. Surrounded by residential and commercial plus nearby hotels, schools a University and next to the train station in the City Fringe.

Trading Hours
7 days - 12.00 noon -10.30 p.m.

Lease
Current lease expires March 2021 - 3 months bond - 4% rent increases. (A new lease should be available or move the business as required)

Employees
2 owners + 4 casuals

Comments
Misc.- 1 - Other general expenses - Manufacturer making a wide range of vegan gelatos, - Two levels includes office area upstairs.- Over $50K in equipment which includes Roaster/ Batch Freezer/ Blast Freezer/ Storage freezer and a fully owned two group coffee machine (purchased at $4,000) - The rent includes all outgoings. - Customers come from all over Sydney - Financials available after a meeting - First time on market after 12 years - This business is ideal to expand menu in its current location, add on to an existing business or move to a new premises

Figures
Weekly Sales $9600
Rent (ex GST) $3076
Wages $1500
Profit $2574


Agent SBX Code Number: SF1606 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$168,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2042

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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