Visit this listing at https://www.sbx.com.au/business?id=SF1606

Business Code: SF1606

Key Features: Gelato - Takeaway - Wholesale - Manufacturing - Vegan - Newtown

State: NSW

Suburb: Newtown, 2042

Location: High profile corner location on a very busy main road with high foot traffic. Surrounded by residential and commercial plus nearby hotels, schools a University and next to the train station in the City Fringe.

Description

Takeaway - Vegan Gelato - Cafe - Wholesale - Fantastic opportunity for a local entrepreneur or family to operate their own neighbourhood business that has grown into a destination venue - selling a variety of freshly made vegan gelato with over 20 flavours all made on site and every element is made in-house and is plant based and made from coconut and fruit - Recipes can be included - 40 seats upstairs - Lite cooking with no grease trap - Coffee machine included. This business is ideal to expand menu in its current location, add on to an existing business or move to a new premises

Summary

  • Features: Location Location - High profit - Well established - Freshly made gelato - Good reputation amongst locals - No cooking - Virtually no wastage - Stock includes all take away containers - Large data base of customers (over 9,500 Instagram and Facebook followers) - 4.6/5 Stars rating on Google
  • Potential: Could add all day breakfast menu - Expand the menu. - Open more hours - Add more wholesale - Convert to a cafe/wine bar /tapas bar (STA with no grease trap) - A motivated new owner or couple could increase sales and profit
  • Premises: Large retail shop with upstairs and downstairs, high ceilings, two toilets, storage room and is tiled and well set up throughout.- This business has an area of 160 sq.mts.and is with fully equipped.
  • Trading Hours: 7 days - 12.00 noon -10.30 p.m.
  • Lease: Current lease expires March 2021 - 3 months bond - 4% rent increases. (A new lease should be available or move the business as required)
  • Employees: 2 owners + 4 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$9,600

Cost of Goods

$1,700

Gross Profit

$7,900

Rent

$3,076

Wages

$1,500

Telephone

$20

Insurance

$80

Electricity

$300

Misc1

$350

Total Expenses

$5,326

Estimated Stock (Additional)

$20,000

Net Profit

$2,574

Price

$168,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Gelato - Cafe - Takeaway - Wholesale- Vegan

Business Code: SF1606
Price: $168,000

Key Features: Gelato - Takeaway - Wholesale - Manufacturing - Vegan - Newtown

State: NSW

Suburb: Newtown, 2042

Location: High profile corner location on a very busy main road with high foot traffic. Surrounded by residential and commercial plus nearby hotels, schools a University and next to the train station in the City Fringe.

Description

Takeaway - Vegan Gelato - Cafe - Wholesale - Fantastic opportunity for a local entrepreneur or family to operate their own neighbourhood business that has grown into a destination venue - selling a variety of freshly made vegan gelato with over 20 flavours all made on site and every element is made in-house and is plant based and made from coconut and fruit - Recipes can be included - 40 seats upstairs - Lite cooking with no grease trap - Coffee machine included. This business is ideal to expand menu in its current location, add on to an existing business or move to a new premises

Summary

  • Features: Location Location - High profit - Well established - Freshly made gelato - Good reputation amongst locals - No cooking - Virtually no wastage - Stock includes all take away containers - Large data base of customers (over 9,500 Instagram and Facebook followers) - 4.6/5 Stars rating on Google
  • Potential: Could add all day breakfast menu - Expand the menu. - Open more hours - Add more wholesale - Convert to a cafe/wine bar /tapas bar (STA with no grease trap) - A motivated new owner or couple could increase sales and profit
  • Premises: Large retail shop with upstairs and downstairs, high ceilings, two toilets, storage room and is tiled and well set up throughout.- This business has an area of 160 sq.mts.and is with fully equipped.
  • Trading Hours: 7 days - 12.00 noon -10.30 p.m.
  • Lease: Current lease expires March 2021 - 3 months bond - 4% rent increases. (A new lease should be available or move the business as required)
  • Employees: 2 owners + 4 casuals
  • Sale Reason: Retirement
  • Comments: Misc.- 1 - Other general expenses - Manufacturer making a wide range of vegan gelatos, - Two levels includes office area upstairs.- Over $50K in equipment which includes Roaster/ Batch Freezer/ Blast Freezer/ Storage freezer and a fully owned two group coffee machine (purchased at $4,000) -
    The rent includes all outgoings. - Customers come from all over Sydney - Financials available after a meeting -
    First time on market after 12 years - This business is ideal to expand menu in its current location, add on to an existing business or move to a new premises

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$9,600

Cost of Goods

$1,700

Gross Profit

$7,900

Rent (ex GST)

$3,076

Wages

$1,500

Telephone

$20

Insurance

$80

Electricity

$300

Misc1

$350

Total Expenses

$5,326

Estimated Stock (Additional)

$20,000

Net Profit

$2,574

Price

$168,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.