Gelatissimo Franchise, Fairfield Sydney Region, Great For Owner/Operator! Priced To Sell!

NSW
Asking Price $100,000
About
Gelatissimo began in 2002 where their first store opened in the heart of Sydney, right on King Street.

Artisan gelato is made fresh in-store daily, with only the best ingredients. They are passionate about providing a range of vegan-friendly, made without dairy, and made without gluten options to suit all. With an array of flavours available in-store, choosing is half the fun.

Today they have stores across Australia, as well as globally across China, the Philippines, Singapore, Saudi Arabia, Bangladesh, India, Thailand and the United States.


The available Gelatissimo franchise is located approx. 30 kilometres west of the Sydney CBD, in the local government area of the City of Fairfield.

It is situated in major shopping centre with high visibility and very busy roadside exposure. The centre is a hub to the region, housing major supermarkets, department stores and Australia Post and banks.


SOME FEATURES INCLUDE:

Current Lease expires July 2024. Discussions are underway with the landlord for an extension, which have been verbally granted.

Size is in a small side store with nearby storage and central shopping centre seating

Rent excluding G.S.T. is $5,006 per month + $587 per month outgoings

3 months rental bond is required

Business was established about 6 years ago. The store is still relatively modern

Training is 1 week (classroom) in Sydney + 3 weeks in-store (Sydney)

Franchise agreements run in line with leases

Annual Turnover (Approx.) FY 2023 $493,000 ($9,800 per week)

Trading Hours are:
Mon - Wed 11.00am - 9.00pm
Thur - Sun 11.00am - 9.30pm

Staffing -16 well trained casuals

Approximate return to full time Owner / Operator is in the vicinity of $100,000 EBITDA FY2023


For more information, please contact:

Reg Butler

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Ref Num: 20038
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