**UNDER CONTRACT** Profitable Glenelg Ice Cream Franchise

10 days ago

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Summary

$135,000 + SAV

About the Business

Listing Type: Business For Sale - Going Concern (Leasehold)
Price: $135,000 (GST-free) + Stock at Valuation + $20,000 Ice Cream Machine
Lease: 4-year option at current rental - ~$111,500 p.a.
Rent Incentive: 20% reduction for first 6 months from June
Revenue (FY2025): $817,538 (~$15,700/week)
Net Profit (FY2025): $115,947 (14.2% net margin)
Gross Margin: 75.7%

Summary
An exceptional opportunity to acquire a profitable ice cream franchise on Jetty Road, Glenelg - Adelaide's premier beachside entertainment precinct. Operating under the nationally recognised Royal Copenhagen Ice Creamery brand with a high-profile dual-frontage premises, presented in excellent condition.

About the Business
Royal Copenhagen Ice Creamery Glenelg occupies a prominent dual-frontage retail premises with street presence on both Jetty Road and Mosely Street - directly adjacent to Mosely Square and the Glenelg foreshore.

The business has traded for approximately four years under the current ownership and generates approximately $15,700 per week in revenue with a 75.7% gross margin.

The store is currently operated under an absentee-owner model with all shifts covered by casual staff. An owner-operator transition presents a clear and immediate opportunity to improve net profitability. The franchise system is proven and the training is fully covered by the vendors.

Key Features
Prime dual-frontage premises on Adelaide's most iconic beachside retail strip
$817,538 revenue with a 75.7% gross margin and $115,947 net profit (FY2025)
Recognised franchise brand with full on-site vendor training
Absentee-operated - all shifts covered by casual staff, with clear owner-operator upside
Recently completed Jetty Road streetscape upgrade enhancing the precinct
20% landlord rent reduction for first 6 months - easing cash flow during transition
Multiple growth opportunities: smoothies, acai bowls, outdoor seating, delivery platforms, extended hours
Simple operation, lifestyle-friendly hours, proven franchise systems

The sale is offered as a going concern, inclusive of all plant and equipment, goodwill, and franchise rights.
Stock at valuation and the ice cream machine ($20,000) are in addition to the asking price.

Growth & Upside Potential
Transition to owner-operator model to significantly reduce casual labour costs
Extend trading hours during peak seasons and school holidays
Boost sales of ice cream cakes, take-home tubs, and party orders
Introduce smoothies and acai bowls - key competitors have recently closed on Jetty Road
Explore delivery and online ordering platforms (DoorDash, Uber Eats)
Expand with complementary offerings like coffee, pastries, and seasonal specials
Outdoor seating potential on the widened Jetty Road footpath (subject to council approval)

Enquire Now
A Confidential Information Memorandum is available upon execution of a Non-Disclosure Agreement. Contact our broker to arrange a confidential discussion.

Shweta Sharma
0432 591 529
[email protected]
Accelerate Business & Franchise Sales

All enquiries are treated in strict confidence.

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