Gelato – Ice Cream – Takeaway – Wholesale

For Sale

·
City Fringe

Business Code: G1800

$350,000
+ Estimated Stock (SAV) $10000
Key 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.
State: NSW
Suburb: Redfern
Location: Well located in a developing area close to Redfern and City Fringe.
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.

After 10 years the owners are keen to pursue other interests.

Sale Reason

2015

Established

Street parking

Parking

2 owners + 6 casuals

Employees

Retail hours: Tuesday to Saturday: 1 pm to 10 pm & Sunday: 1 pm to 8 pm.

Trading Hours

3 year + 3 year lease commenced 15 February 2024. 4% inc at end of each 3 yr. - 2 mths bond-.

Lease

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.

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.

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.

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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$11526
Cost of Goods
$1983
Gross Profit
$9543
Rent
$612
Wages
$3532
Misc 1
$1742
Total Expenses
$5886
Estimated Stock
(Additional)
$10000
Net Profit
$3657
Price
$350,000
+ Estimated Stock (SAV) $10000
Price
$350,000
+ Estimated Stock (SAV) $10000
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