Shepparton & Hume Region VIC Region, Victoria
$390,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Part of well-known statewide gelato chain
- 80 seats in 150 sqm premises
- $500,000 plant and equipment included
- Walk-in freezers hold 750 tubs
- Operates seven days, fully managed staff
- Long-term lease securing high-traffic location
- Turnover: $15,500 per week
- Net Profit: Not disclosed
- Rent/Lease: 5+5+5 years
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category
Currently on offer is a popular gelato shop in a northern city of Victoria. It is part of a well-known chain of gelato shops throughout the state.
*$15,500 average weekly takings
*80 total seats
*$500,000 worth of plant and equipment
*5+5+5-year lease
*7-day operations
It brings a unique twist to the gelato scene by offering fresh, flavoursome and innovative scoops to customers. Popular flavours include vanilla bean, chocolate and strawberry, while special flavours add variety to customer choices.
The business is ideally located in a high-traffic location, surrounded by many key establishments that include a cinema, department store and a Coles supermarket among others. It occupies 150 sqm premises with $500,000 worth of plant and equipment, including three ice cream display counter fridges, a two-door cake display cabinet, P.O.S. System, two milkshake dispensers and walk-in freezers that can fit 750 tubs of ice cream.
A long-term lease of 3 x 5 years enables purchasers to secure the incredible location and premises of the business over the long-term. Operating within the same premises that customers have already associated with the business enables it to benefit from the security of tenure and good continuity of operations.
Operating the business are 22 casuals with no involvement from the owner-operator. With the business being operated fully under management, purchasers have an opportunity to benefit from a good work-life balance if maintaining a similar set up.
To learn more about this exciting opportunity, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: ME02454
Broker: Gerry Morelli
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME02454
Timestamp: XXXXXXXXXX 0003
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