Classical Italian Gelateria retail & wholesale business - Sydney City Fringe - G1800
Gelato - Ice Cream - Takeaway - Wholesale - City Fringe - Agent SBX Code Number: G1800
Takeaway - cafe which is a classical Italian Gelateria utilising simple ingredients and traditional methods for one retail outlet as well as a wholesale business servicing some of the best restaurants in Sydney. They make all the gelato & sorbetto in-house, starting with Australian raw ingredients, fresh fruit, whole nuts and the best milk and cream that can be sourced. Also offering coffee, tea, a selection of cold soft drinks & milkshakes, The premises is also licensed to serve alcohol offering a range of cocktails and amaro. Seating for 14 inside & 4 outside.
Potential
There is a huge potential to grow the wholesale business as it currently has grown organically without a sales person . There is also the potential to roll out more retail stores or even franchise the retail.
Features
This is a well established business with a strong local following. - Great location. - Foody destination. - Excellent financials. - Fully integrated ordering & payroll systems to Xero accounting platform. - Long lease & low rent. - Close to transport & many restaurants & bars.
Premises
This business retail space has an area of 80 sq mts that has recently been redecorated. The premises are licensed for the on-site processing of dairy in accordance with the NSW Food Authority, with fully documented Food Safety and Batch Control programs.
Location
Well located in a developing area close to Redfern and City Fringe.
Trading Hours
Retail hours Tuesday to Saturday 1 pm to 10 pm & Sunday 1 pm to 8 pm.
Lease
3 year + 3 year lease commenced 15 February 2024. 4% inc at end of each 3 yr. - 2 mths bond-.
Employees
2 owners + 6 casuals
Comments
The figures being shown are based on the 2026 FY P & L's and adjusted for the reduction of the production kitchen at the end of the 2026 F.Y.
Figures
Weekly Sales $11526
Rent (ex GST) $612
Wages $3532
Profit $3657
Agent SBX Code Number: G1800 - SBX Business Brokers
For more details, please email broker or call agents.
