Fully managed gelato business ready to run from day one. With trained staff, consistent operations, and a strong brand reputation spanning 20+ years, this is a genuine turnkey opportunity for both hands-off investors and owner-operators.
BUSINESS HIGHLIGHTS
- Annual Turnover: $606,683 consist of gelato sales and additional sweet options
- Profit to Absent Owner: $66,412 per annum (with current management structure)
- Owner - operators can achieve profits of $120,000-$150,000+ per annum
- Trading Hours: 7 days per week (Sunday to Thursday 12:00noon to 10:00PM with Friday and Saturday 12:00noon to 11:00PM)
- Staff: 8 fully managed employees with Team leader on the shifts
- Monthly Rent: $11,082/month + GST + outgoings
- Lease Term: 4 years remaining with extension option
- Modern 36sqm retail space plus 14sqm storage
Priced well at $175,000 + stock
OWNER-OPERATOR OPPORTUNITY
This business offers significant upside potential for working owners. By reducing wage costs, owner -operators can achieve profits of $120,000-$150,000+ per annum, making this ideal for those seeking both lifestyle flexibility and strong earning potential.
WHY THIS BUSINESS WORKS
- Fully staffed - no recruitment or training needed 20+ year established brand with loyal customer base
- Prime location with consistent foot traffic
- Flexible ownership - run hands-on or hands-off
- Strong lease security with extension options
- Established brand with strong customer recognition
- Loyal customer base and repeat business
PREMISES & EQUIPMENT:
- Cost to establish new gelato business $150,000-$250,000
- Professional gelato machines (commercial grade)
- Display freezers and refrigeration equipment
- Complete modern fitout (estimated replacement value $90,000)
- POS system and technology
- Supplier contacts established
THIS BUSINESS SUITS MULTIPLE BUYER PROFILES:
- Passive/Semi-passive investors: Current fully-managed structure provides $66,412+ return with minimal involvement. Perfect for investors wanting turnkey hospitality business.
- Working owners/families: Significant upside available by working in the business. Potential to save $90,000-$100,000 in wages and achieve returns of $120,000-$150,000+ per annum. Flexible hours suit family operation with school-age children.
- Hospitality professionals: Experienced operators can leverage established brand and systems while implementing growth strategies
Contact Industry Leading Business brokers Serge or Vito to secure this business today.
Property Code: 532
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