Internal Ref: G1800
Summary
SBX Code: G1800 - Established Gelateria both retail & wholesale. Huge potential for future growth. Looking for the right person to take the business to the next level.
Rent
$612 pw
Net Profit
$3,657 pw
Location Details
Well located in a developing area close to Redfern and City Fringe.
Potential
There is a huge potential to grow the wholesale business as it currently has grown organically without a sales person . There is also the potential to roll out more retail stores or even franchise the retail.
Hours
Retail hours Tuesday to Saturday 1 pm to 10 pm & Sunday 1 pm to 8 pm.
Lease
3 year + 3 year lease commenced 15 February 2024. 4% inc at end of each 3 yr. - 2 mths bond-.
Employees
2 owners + 6 casuals
About the Business
Gelato - Ice Cream - Takeaway - Wholesale - City Fringe
SBX Code: G1800
Takeaway - cafe which is a classical Italian Gelateria utilising simple ingredients and traditional methods for one retail outlet as well as a wholesale business servicing some of the best restaurants in Sydney. They make all the gelato & sorbetto in-house, starting with Australian raw ingredients, fresh fruit, whole nuts and the best milk and cream that can be sourced. Also offering coffee, tea, a selection of cold soft drinks & milkshakes, The premises is also licensed to serve alcohol offering a range of cocktails and amaro. Seating for 14 inside & 4 outside.
Features
This is a well established business with a strong local following. - Great location. - Foody destination. - Excellent financials. - Fully integrated ordering & payroll systems to Xero accounting platform. - Long lease & low rent. - Close to transport & many restaurants & bars.
Premises
This business retail space has an area of 80 sq mts that has recently been redecorated. The premises are licensed for the on-site processing of dairy in accordance with the NSW Food Authority, with fully documented Food Safety and Batch Control programs.
Comments
The figures being shown are based on the 2026 FY P & L's and adjusted for the reduction of the production kitchen at the end of the 2026 F.Y.
SBX Code: G1800
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