Artisan Gelateria and Espresso Cafe

Artisan Gelateria and Espresso Cafe

Artisan Gelateria and Espresso Cafe

LISTING DETAILS

Listing ID: 3378

Type of Sale: Asset
MLS Code: Exclusive
Industry: Restaurant / Bar
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $185,000

ASKING PRICE
$185,000
DESCRIPTION

Here's the scoop - this popular gelato and espresso bar has been serving the community delicious handcrafted gelatos and sorbets along with affogato, hot chocolate, milkshakes, and more for 30 years. Committed to preserving the authentic Italian experience they are always using the freshest, finest ingredients including flavourings imported from Italy. Known for unique flavours, superior quality, and almost 500 positive reviews means there's always a line to get these sweet treats. Great frontage with high volume foot traffic located in a bustling part of the city. Close to restaurants, shopping, universities, city hall, and more. Growth potential includes expanding locations, broadening flavour varieties, and entering the cake/wedding market. Seller willing to train to ensure a smooth transition. Don't miss out on this golden opportunity! Listing ID: 3378

COMPANY INFORMATION

Year Established: 1987

Franchise: No
Square Footage: 1,850 sq ft

Monthly Rent: $8,242 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $326,000
SDE: $62,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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