Summary
Existing Gelato shop on Melbournes Mornington Peninsula. One of the Peninsula's busiest and best Gelato Bars. Great returns, easy to run, family friendly, solid customer base. Main street exposure.
Revenue
$400,000 pa
Rent
$66,000 pa
Expenses
$166,000 pa
Net Profit
$120,000 pa
Location Details
195A Point Nepean road
Huge exposure on main road with constant foot traffic. Across from Dromana Pier, the location is a hotspot for holiday makers & locals all summer long. Nestled amongst popular cafes and restaurants. With of parking & great accessibilty from freeway.
Potential
This business can easily grow as we have grown in sales in 2 years by 10%.
Currently we only trade for a total of 5 months in the year and could easily increase the sales by at least 30% if we traded more.
we currently only offer one of the largest ranges of Gelato on the Peninsula and could easily Increase sales by offering Acai,desserts and also coffee.
Skills
Need great customer service, good work ethic and always have a smile on your face.People come into a Gelato shop all excited and happy and you need to do the same.
Hours
All school holidays tuesday to sunday 3 to 9 weekdays and 12 to 10 weekends.
Lease
Currently there is 2 and a half years left on the lease with a further 5 year option avaiilable
Employees
Currently we have 8 young casual emplyees who are all capable of running the shop without supervision.
Reason for Sale
We recently aquired another shop in melbourne and as we are residing in Melbourne. Commuting back and forth is tiring especially when your running between two businesses. This business suits someone who lives in the region or is happy to commute back and forth 3 to 4 times a week.
About the Business
The Business is easy to run with young vibrant local staff easily performing there tasks. Its a feel good store with plenty of joy and happiness.
We specialise in over 50 Flavours of gelato.
We sell Milk and thickshakes and our smoothies are a real hit.
We also offer brownies and brookies which always sell out.
Our open front area makes our store a unique destination that customers can sit and really enjoy their ice cream. Sitting in our front area customers have the choice of gazing at the foreshore or just People watching. This makes it difficult to sometimes get a seat.
Most of our clients in summer are holiday people in the mood to always have a Gelato during a nice sunny day.
On weekends we get the day trippers who are always in the mood for a Gelato before they make the trip back to Melbourne.
After school locals are always up for a Gelato if we are open to service them.
Huge potential to grow is available to anyone who wants to invest more hours and time.
The turnover could easily grow by adding more products like frozen yoghurt/Acai and soft serve.
History
This business began in Covid and quickly became the hotspot for young people and families alike in Dromana.
It has queues of people lined up in summer trying to get a taste of the 50 Flavours on offer.
After its first year it was offered to us and we have owned the business since November 2022. We have grown the business by 10% annually and will continue to grow as customers keep coming back to us.
The location is one of the best on the Dromana foreshore. Without advertising, SEO or social media we keep drawing in the crowds.
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