About the Business

Business ID: XB167164

TWO ADJOINING HOSPITALITY SHOPS – HIGH EXPOSURE LOCATION – BUY TOGETHER OR SEPARATELY – REDUCED TO $30,000 PER SHOP

An excellent opportunity to acquire two adjoining hospitality businesses in a busy Guildford shopping complex. The Acai & Ice Cream shop and Coffee & Dessert shop sit side-by-side and may be purchased together or separately, with potential to operate independently or combine into one larger food and beverage offering.

BUSINESS HIGHLIGHTS

- Prime corner position on Woodville Road with approx. 65,000 vehicles passing daily.

- Located in a shopping complex on approx. 1,996 sqm with ample customer parking.

- Shop sizes: Acai & Ice Cream approx. 32 sqm; Coffee & Dessert approx. 53 sqm.

- Illuminated shopfront signage, pylon advertising and 12-camera security system.

- Reported pre-closure turnover: approx. $880 per day for Acai & Ice Cream and $660 per day for Coffee & Dessert.

Lease, Assets and Support

Proposed new lease: 2 years plus option. Monthly rent including GST is $3,023 for Acai & Ice Cream and $3,766 for Coffee & Dessert, with outgoings approx. $55 per month per shop.

Included assets comprise service counters, air-conditioning, lighting, illuminated signage, bench sinks, fairy lights and security cameras, with lounges and freezers included in the Coffee & Dessert shop. Stock is included as inspected.

The vendor can assist with supplier introductions, training, transition support and possible staff introductions. Customers are drawn from Guildford, Granville, Merrylands, Fairfield and surrounding suburbs.

Purchaser, Trading and Sale Details

Trading hours were 12:00 pm to 11:00 pm daily, with straightforward products suited to owner-operators or experienced hospitality buyers. Preferred purchasers should provide 100 points of ID, have no criminal record, hold minimum liquid funds of $60,000 after purchase costs, and ideally have relevant business or hospitality experience.

The sale is due to health reasons, family circumstances and the operator’s frequent overseas travel.

Reduced asking price: $30,000 per shop, previously $80,000 per shop.