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20 Year Chocolate Shop, Manufacture And Chocolate School In Mosman For Sale

Mosman, New South Wales, Australia
Asking Price:
$500K - $1M (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$50K - $100K (AUD)

Coco Chocolate Kirribilli is a wholesale chocolate maker with a retail flagship Kirribilli store.

Coco Chocolate is a wholesale supplier, including for Harris Farm and Victor Churchill, on a regular basis. Coco Chocolate creates the unique chocolates that are for sale in the flagship store and wholesale, which are unique to Coco Chocolate as they were created in-house.

The store is highly decorated, including a DeGournay designed curtain. All current stock is included in the sale.

Coco Chocolate has full merchant facilities with Stripe, AMEX, and PayPal payment facilities.

Coco Chocolate has an established online shopfront and delivers nationwide. Coco Chocolate has negotiated a discounted wholesale rate of the base chocolate used as the largest organic chocolate wholesaler buyer with its base chocolate supplier.

Coco Chocolate has a range of artist designed packaging with all IP and suppliers of design, artwork, and packaging creations sold with the sale. All products have up-to-date nutritional panels and barcodes for all products. All recipes and IP is included in the sale.

The Kirribilli store has a new streetscape to be completed in November 2023 in conjunction with North Sydney Council and the NSW government's ‘Get NSW Active Program', which will result in long term business benefits from the new streetscape.

The Sydney Chocolate School is a registered business name that welcomes members of the public for a range of chocolate classes, birthday parties, corporate events, and is an established business with a large database of new and repeat customers.

The Sydney Chocolate School also has an online school with full online classes and related course notes. The Sydney Chocolate School is also registered with Red Balloon and Class Bento for additional student bookings. The Sydney Chocolate School has a full online booking and payment platform, with WeTeachMe fully established.

The school currently offers basic chocolate classes, which could easily be increased to offer advanced classes with the addition of bakery and cake classes in the future. The Sydney Chocolate School is currently leased with a harbourside, fully equipped kitchen through the Sydney Harbour Trust.

The Sydney Chocolate School has a fantastic reputation, with regular 5 star reviews and a current advertising board in Mosman. The Sydney Chocolate School year-on-year hosts school groups including St Luke’s, MLC, and Northern Beaches Christian School for Design and Technology, and the International Business Program students for UTS.

Both Coco Chocolate and The Sydney Chocolate School are registered business names with IP logo designs registered and trademarked. Full registered business names; websites, and domains, including social media, business trademarks and IP, recipes and school syllabuses, all class notes, and online schools, are included in the sale.

Property Information

Real Estate:

Lease

Lease Terms:

The current outline for The Sydney Chocolate School is:

REFERENCE SCHEDULE

Five (5) years (which was not yet exercised)

1 August 2022
31 July 2027

$37,998.00 per annum plus GST payable monthly in advance ($3,166.50 plus GST per month)

Alcohol license available

The current lease outline for the Coco Chocolate store Kirribilli is:
Attached to that lease was a further option to extend the lease for 5 years until 30th June, 2026, (which was not yet exercised).
5 years or 5 years plus a 5 year option.

If affirmative, the new lease would commence from 1st July next with a rental calculated as:

Current rental per annum (2021) $38,396 + GST

Adjusted for CPI Increase March 2022-March 2023, $38,396 x 132.7
-------
123.7 = $41,190

Leasehold Rent:

$40,000 (AUD) per annum

Location:

Kirribilli and Mosman Sydney

Premises Details:

School/ commercial kitchen and second retail store

Business Operation

Expansion Potential:

great opportunity for expansion.

Reasons for selling:

only reason for selling is retirement of owner.

Trading hours:

Monday - Sunday

Employees:
5
Years established:
20

Other Information

Support & training:

This business is fully operational by current staff only if the buyer does not want to work in the business.

Furniture / Fixtures value:
$200,000 (AUD) - included in the asking price
Inventory / Stock value:
$290,414 (AUD)
Website:
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Related Documents:
Relocatable:
This business can be relocated.