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Hugely Popular Gelateria

Business for Sale
Black Rock VIC

UNDER OFFER Artisan gelateria in the beautiful beachside suburb of Black Rock. All gelato is made fresh on site with premium ingredients in state-of-the-art equipment. Work for 9 months of the year, t

Price GELATERIA $370,000+SAV

Hugely Popular Gelateria

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
UNDER OFFER Artisan gelateria in the beautiful beachside suburb of Black Rock. All gelato is made fresh on site with premium ingredients in state-of-the-art equipment. Work for 9 months of the year, take 3 months off over winter to enjoy yourself!!!

SNAPSHOT
- Asking Price: $370,000 plus SAV (approx $10,000)
- Hugely consistent annual sales in excess of $380,000
- Business is 8 years old and still run by the original founder/ owner
- Excellent income for hands on owner operator working just 9 months of the year (closed during winter)
- Comprehensive breakdown of monthly sales available, together with all other business information
- Extensive list of Plant & Equipment included in sale (over $200,000 at cost). Some equipment near new, all equipment in good working order

LEASE
- Current term commenced in January 2016 for a period of five (5) years with the option of two (2) further terms of five (5) years each
- Annual rental $39,355 plus GST ($3,280 plus GST per month)
- Fixed annual increases of 3%
- Security deposit equivalent to three (3) months rental

STRENGTHS/ BENEFITS
- Fully equipped gelateria with state-of-the-art equipment throughout
- All product is made and stored on site
- Very well known business with regular customers from all bayside suburbs
- Terrific opportunity for someone seeking a lifestyle or sea change in a beautiful bayside suburb
- Superb profit margins achieved from a very simple operation
- Full training and handover available from outgoing owner

REASON FOR SALE
- Owner wishes to pursue a new venture in an unrelated capacity

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1344.

A full Information Memorandum will be provided only after the completion of a Confidentiality Agreement.

This is another Boyd Ryan Business Sales & Consultants Exclusive Listing...

Contact Seller

Contact: Boyd Ryan
Phone: 1300 071 226
Mobile: 0411 145 114
Bsale ID: 197625




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