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Top-Rated Greenwich Ice Cream Parlour Mammamade Limited for Sale in London

City of London, London
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  • Status

    FOR SALE

  • Date Submitted:

    16/08/23

  • Advert ID

    518295

  • Reference

    B07470 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £100,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated ice cream parlour for sale

Business
Please quote reference B07470

CoGoGo are delighted to welcome to the market Mammamade Limited, a highly rated ice cream parlour and dessert shop in the Greenwich area of London. 

Mammamade Limited was first established by our client in 2019, building up an excellent reputation and repeat client base. As seen by the online ratings and reviews, the business is extremely popular within the local community. 

The business has now come to the market due to other circumstances. 

Mammamade Limited is an upmarket and trendy ice cream parlour that specialises in homemade Gelatos and Ice Cream. They also offer Crepes, Waffles, Fresh Cones, Milkshakes and even some savoury sandwich options.

The business enjoys great reviews online such as;

  • “A great variety of flavours and they have bubble waffles too”
  • “Amazing Italian style gelato, made with fresh ingredients“
  • “Great ice cream overall, lemon and green apple flavour were exceptional“
Key selling points -

  • A well established business with a burgeoning reputation and a growing number of regular customers
  • Prime trading position in popular Greenwich, just around the corner from the O2 Arena
  • Current owner happy to offer a handover to ensure the continued success
  • A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit due to personal issues
  • Ideal owner managed or partnership business
  • Perfect ‘bolt on’ to an existing ice cream manufacturer looking for a foothold in the capital.
Scope for further growth -

  • Advertising and Marketing campaign
  • Website ideally with gallery and online ordering facility
  • Maximise the use of social media
  • Extend the opening hours
  • Introduce a delivery service, there is demand in the area


Location
Mammamade Limited is located on Pier Walk in Greenwich, London. 

The business and area benefits from extremely high levels of footfall, as it's located just outside the O2 arena. 



Premises
The business occupies bright, modern and generous premises ideally suited to the trade with seating areas inside and out.



Tenure
We are advised that the business is being sold on a leasehold basis, currently on a 10 year lease. The rent is £8,000 per quarter, with an additional service charge of £1,500 per quarter. 



Hours
The current trading hours are -

Monday - Closed

Tuesday to Sunday - 13:00 - 20:00



Staff
We are advised that the business is run and managed by the owner, with the help of 3 part time staff members and casuals as and when needed. 



Financial Profile
Further financials can be made available upon request. 



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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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