Price
$290,000 + SAV
Profit *
$168,562
Sales Revenue
$768,009
Location
Moreland, Coburg
Category
Food/Hospitality, Takeaway Food
Listing #
ME03367
LINK (Melbourne) presents an exciting opportunity to acquire a fully managed premium gelato bar and café. It has built a loyal customer base through quality Italian gelato, specialty coffee and an inviting atmosphere that attracts families, locals and visitors year-round.
The business is within a thriving mixed-use development that includes cinema, restaurants, bars, and retail outlets. Its fit-out includes custom gelato display cabinets with LED illumination, twin commercial espresso machines, refrigerated dessert displays, a dedicated cold room, commercial-grade refrigeration suite and a fully equipped BOH production area.
There is strong potential to boost revenue by extending trading hours to capture evening crowds, introducing new dessert lines such as crepes and waffles, expanding catering and wholesale channels and leveraging social media marketing to boost brand awareness.
*Annual revenue $768,009
*Net profit (SDE) $168,562
*Fully managed operation; 4 hours of owner input weekly
*Prime location within an iconic heritage shopping and dining precinct
*90 sqm premises
*60 seats across indoor and outdoor areas
*Near-new premium fit-out
*5+5-year lease
*Experienced team of 7 staff
Take over this premium gelato and café opportunity in Melbourne's hospitality scene! Contact Nick Kolaitis today.
Listing ID: ME03367
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
