High Street Gelateria - $280k Net Profit - Easy Operation

Newcastle, New South Wales 2300

$449,000 + SAV

Key Features

AI generated. Contact seller to confirm.

  • Exceptional net profit above hospitality averages
  • Low cost of goods
  • Strong brand recognition and loyal customers
  • Quality fit out and well maintained equipment
  • Very large premises with room to scale
  • Flexible operation as owner-operated or fully managed
  • Turnover: Not disclosed
  • Net Profit: $280K
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Over 11 years

Business Details

Business Category

This is a Lucrative Opportunity: Step into one of the most financially rewarding sectors in hospitality - PREMIUM GELATO!

The Australian ice cream/gelato market is projected to reach $2.1 billion in revenue in XXXXXXXXXX and growing at a rate of 6.89% plus (IBIS World & Deep Market Insights)

An exceptional opening now exists to purchase a highly successful business with a reputation for premium, handcrafted gelato making exceptional returns. Operating from a prime high street location, this gelateria enjoys constant foot traffic, strong local loyalty and steady trade from tourists to the area.

This well-established, premium Gelato/Ice-Creamery has been a tightly held and highly profitable venture for over 11 years. If operated by a working owner, producing their own product, you can expect to earn more than 35% NET profit!

Key Features Include:
- Excellent net profit - well above hospitality averages
- Low cost of goods
- Strong brand recognition and loyal customer base
- Quality fit out and well maintained equipment
- Very large premises - room to scale
- Streamlined operation with low wages
- Flexibility to operate as a working owner OR as a fully managed business
- Potential for growth and to scale

Renowned in the industry for their strong profit margins, gelateria's like this offer a rare combination of low cost of goods, high customer demand and consistent year-round trade.

This is a unique opportunity to buy a well-established, high performing business in one of the most resilient sectors of the hospitality market.

Businesses of this quality don't come around that often - make this your own and call Anthony now!

**please note for confidentiality the image in this advert is generic and is not of the actual business**

Interested parties must rely on their own enquiries.

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GSE Hospitality Brokers GSE Hospitality Brokers
Anthony Manks

Bsale ID: 680041

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