Business Sold BS148350, Sandringham, Victoria 3191
Business Category Takeaway Food
SOLD
Description
Sold! Artisan Gelato, Prominent Bayside Location – Melbourne
Business ID: BS148350
PEBITDA $147,000 Sale Price $290,000 plus SAV
A profitable business, with a great reputation and loyal customer base, offering flexible working hours and 3 months off per year – look no further!! This business is a community icon and is loved by customers from all over Melbourne. This business is an uncomplicated model that can be sustained in its current popular format or there is potential to expand or diversify. Gelato is made onsite generating a gross profit margin of approximately 86%.
Extensive training and handover will be provided to a new owner to ensure the business continues to thrive and prosper. Current owners are keen to pass the business over to a new owner that gets as much out of it as they have – not just financially, but also from the satisfaction of providing something the community really values and loves.
-Well established and highly regarded brand
-Established and loyal customer base
-Recent upgrade and fit out to shop, an extensive list of plant and equipment included in sale price
-Quality product and range of flavours
-Location which is close to the beach with good parking and cafés and restaurants close-by
-Clean and trendy customer space
-Ability to scale and serve large numbers of customers when it is hot and busy
-Mix of indoor and outdoor seating options
Extensive training and handover will be provided if required. Perfect time to purchase with the busy Summer season about to commence.
This business will ultimately suit someone looking for:
-A profitable, owner controlled and operated business that delivers excellent income each year
-Up to 3 months holiday every year (not many businesses offer this benefit)
-Flexible hours – no early mornings, or late nights
-A business with a great reputation and strong history (11 years) trading from a proven location
This business is being sold in a very healthy state and offers an exciting opportunity to a new owner looking for a great work/life balance, or wanting to build a bigger business. There is the flexibility to be hands-on or hands-off in this business.
Asking Price $290,000 plus stock at valuation
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