Busy Café By The Bay In Mount Martha
Huge Reduction in Price - Vendor Keen to Sell
This iconic café has been delighting both locals and tourists in popular Mount Martha, for over 20 years. Mount Martha Fine Foods, located directly opposite the beach, is a year round business, famed for its vast array of home-made pies, pastries, gourmet breakfasts and sandwiches, not to mention its famous vanilla slices.
Fully licensed and seating up to 80 persons, inside and on the terrace and adjacent all-weather arcade, the business can proudly boast that all its food is house-made, fresh and delicious. The business trades 7 days a week from 8 am – 6 pm, as well as providing catering services to local businesses and primary schools. The cafe is family friendly with a loyal local clientele throughout the year as well as a booming holiday trade.
The 137 square metre premises span two shops and include a generous sized fully-equipped commercial kitchen with cool room. Rent for the two premises together is a reasonable $5,500 p.c.m. (approx.) including GST and outgoings with a long 10 year lease and two 5 x 5 options. The price of the business includes all plant and equipment, furniture and fittings, recipes (including the famous vanilla slice and gourmet pies) and an extended assistance period.
The business is run on a day to day basis by competent and experienced front of house and kitchen staff, leaving the owners to concentrate on business management. While this is a reluctant sale due to family reasons, it opens up exciting opportunities for the new owners. With its spacious size and liquor licence in mind a new proprietor may decide to open later hours to provide a full restaurant dinner service, or expand on the burgeoning catering trade that the business already enjoys.
So, if you are ready to make your sea change to one of Melbourne’s most popular lifestyle spots and at the same time secure your place alongside the other closely-held businesses in Mount Martha contact Alan Maguire at Maguires Real Estate for more information and a personal inspection with an opportunity to meet the owners.
Price: Reduced to sell from $495,000 to $395,000 + SAV
For enquiries and an inspection, with an opportunity to speak to the owners, please contact Alan Maguire, Maguires Real Estate, Mornington (0418 377 038).