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Profitable Artisan Gelato Ice Cream & Coffee Shop in Truro Cornwall - High Ratings & Growth Potential

Truro, Cornwall
ARTISAN GELATO ICE CREAM & MACARON BAR - TRURO, CORNWALL Photo 1
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ARTISAN GELATO ICE CREAM & MACARON BAR - TRURO, CORNWALL
  • Status

    FOR SALE

  • Date Submitted:

    21/06/22

  • Advert ID

    297339

  • Reference

    C6575C 262297 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £89,950 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Price Reduced

Business Details

ARTISAN GELATO ICE CREAM & MACARON BAR TRURO, CORNWALL

ARTISAN GELATO ICE CREAM & MACARON BAR - TRURO, CORNWALL - A fantastically-presented artisan gelato ice cream/coffee shop business located in Cornwall's capital city of Truro, presenting an ideal lifestyle business opportunity for a purchaser. The business was recently mentioned in a Sunday Times article "Are you a Gelato Snob". The premises is fully equipped to trade with state-of-the-art Italian machinery for on-site production of the products, with an initial investment for the fixtures & fittings c£100,000. This is a rare opportunity to acquire a profitable business of this type which is being offered with a genuine reason for sale. The business has been established for approximately 10 years and has built up a fantastic reputation over our clients' period of ownership. High levels of both regular repeat trade and tourist trade. The business is profitable in it's current form, but leaves massive scope to increase further by adding commercial contracts to supply gelato/ice cream to surrounding businesses in the area, with some business owners having already approached our clients previously, asking them to supply their business, so there is a demand for that service which our clients were not able to accommodate. The business also only trades limited amount of months a year, in 2022 our clients traded from mid-April through to end of October, in 2023 they opened in mid February, so this leaves massive scope to open year round and extend the trading hours of the business. The business has shown year on year growth in turnover, working to gross profit margins of approximately 85%. Gelato and Macaron training can be available if required by a purchaser. Viewing recommended to avoid disappointment.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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