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 [Web Link Censored].
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, açaí 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 açaí 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
? [Phone Number Censored]
✉️ [Email Censored]
Accelerate Business & Franchise Sales
All enquiries are treated in strict confidence.
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