Iconic Ice-cream, Cake & Dessert Store! *an Amazing 96% Return On Investment!

Business For Sale Frugii Dessert Laboratory, Canberra, Australian Capital Territory 2600

Business Category

125,000 + SAV

Description

Iconic Ice-cream, Cake & Dessert Store! *an Amazing 96% Return On Investment!

The Frugii Dessert Laboratory located in Braddon is an icon of the Canberra food scene.

The late owner, John Marshall, was able to count international celebrities such as chef Nigella Lawson and chocolatier Georg Bernardini among his fans.

Gregarious and adventurous, he was often likened to Willy Wonka for his talent in creating out-there flavours for his ice-cream - flavours like Vegemite for Australia Day, Christmas pudding for the Yuletide season and hot-cross buns for Easter.

The business started from humble beginnings with a cart at the Southside Farmers Market on the old CIT Campus at Woden. When he and his wife opened their shopfront in Braddon in January 2015, the little ice-cream hideaway was a major contributor to the renaissance of Lonsdale Street as a foodie haven.

Due to the loss of their beloved husband and father, Mrs E Marshall and Mr L Marshall have decided to sell their much loved business and are hoping to find someone with just as much passion and enthusiasm as the late John Marshall.

The Intellectual Property is not for sale, however the business can be run under the Frugii brand and will operate under a license (including recipes) to be negotiated with the buyer.

The kitchen and equipment for preparing the desserts is currently located at the vendor's home and is included in the sale - it will just need to be relocated. If you are not going to be preparing the desserts then the equipment could be excluded from the sale.

This is an exciting opportunity not to be missed! Don't delay making an enquiry TODAY!

Sale Price $125,000 + SAV

*96% Return on Investment is based on the 2021 Financial Year to March 'Annualised' adjusted net profits as calculated from the available accountant prepared financials and the current asking price. This does NOT include outlay for stock.

For more information about this exciting opportunity please contact Michael Newham of Finn Business Sales on XXXXXXXXXX or email XXXXXXXXXX
Contact Seller
Michael Newham

Bsale ID: 533563
Broker REF: 6420313

The Finn Group
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