SOLD

Unique Hospitality and Event Business - South Australia

Adelaide SA
Unique Hospitality and Event Business - South Australia

Last asking price $145,000

Sold December 2023

Business Services

Business ID: BS154530

TURNOVER: $266k - NET PROFIT $144k – ESTABLISHED BRAND

Well known in and around Adelaide, this unique family-run business offers excellent profits and huge potential for franchising interstate!

The business supplies eye-catching hand-made carts and Dutch Trikes – selling gelato, popcorn and cocktails – to private, corporate and branded customers.  

Carts can be hired ‘naked’ - or clients can opt for full customization with their own branding – the perfect accompaniment for brand activations and events.

This is an unmissable opportunity for an existing event hire/planning business – or upbeat buyers looking to kick the 9-5!

   -  Established brand with return customers - Launched by the owners in 2018



   -  Unique selling points and services



   -  Current turnover with 4 carts per annum is $255k



   -  With the launch of 3 brand new carts in 2023 increases the potential to earn greater than $255k, with the ability to take on a higher capacity of bookings and customisation



   -  Brand new beautiful and functional website  



   -  Long standing marketing collateral including professional imagery and videos



   -  Products customizable to meet customer expectations



   -  Great repertoire of customers and repeat clients



   -  Preferred supplier of the Adelaide Convention Centre - Branded services for clients holding expos at the ACC



   -  Currently run from a home base – fully relocatable



   -  Assets include 2022 Ford Transit Van (fits 2 trikes or one large bar + stock)



   -  Endless Activation Opportunities with retailers and relationships with PR agencies



   -  Owners selling due to starting a new business  



Multiple Income Streams from:

Private Customers: Engagement parties, Birthdays, Hens parties, Weddings

Corporate Customers: Universities, Any type of corporate and commercial business eg CMAX, LMS Energy, Optus  

Branded Customers: Retailers or corporate clients looking to rebrand the carts for a personalized service with activations, staff events or campaigns eg Allkinds, Sportscraft, Myers, Westfield

Price: $145,000

Property Code: 3425
        

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