FOR SALE: TOGS PLACE CAFE AND MULBERRYS DELI – TWO CASTLEMAINE ICONS 58 LYTTLETON STREET, CASTLEMAINE VIC 3450
BUSINESS Detail
BUSINESS DESCRIPTION
LOCATION: CASTLEMAINE, VIC
PRICE: P.O.A. EXPRESSIONS OF INTEREST
OVERVIEW:
Togs Place Cafe and Mulberry’s Deli, renowned family run licensed cafe and delicatessen, side by side. With over 34 years of trading history, this establishment is a must visit.
Togs and Mulberry’s are a Cafe/ Deli/ Catering/ Retail Space, bustling with good food, coffee and knowledgeable friendly service.
Deli sells an extensive range of cheese, small goods and house-made take home meals.
Cafe menu changes weekly with all meals made on site, also supplies a range of catering.
An assortment of giftware pulls the two shops together and creates an ever-changing visual landscape.
KEY FEATURES:
• HISTORIC CHARM:
Togs Place and Mulberry’s Deli is woven into the fabric of Castlemaine’s community. These establishments are not just a place to eat/shop but a cherished part of the local culture.
• PRIME LOCATION:
Positioned in a central location, close to local government precinct, large medical centre, Art gallery and railway station. Easy parking and generous footpath/entrances.
• UNIQUE OFFERING:
An unassuming exterior opens into a bustling area of food and giftware to suit all tastes, topped with a roof deck offering an outdoor eating area with unique views over Castlemaine rooftops.
• SPACIOUS ACCOMMODATION:
The venue is over 200 sq.m, including two kitchens, three storage rooms, two shop fronts. Three split system aircon units. Solar panels on both buildings supply a generous average of 30% of power use.
• IMPECCABLE CONDITION:
Cafe kitchen is fully maintained and boasts a new six burner Waldorf gas stove/ two burner char grill/ large walk in cool room/ Eswood under bench dishwasher/ three under bench fridges/ new Westinghouse freezer.
Dining room of rustic wooden tables, Thonet bentwood chairs/ painted brick walls and wooden floors. Roof deck has teak tables and hospitality grade out door chairs, retractable awnings. Deli has a large display cabinet and seven freezers, four rack Turbo fan bench top oven. Dining room seats 50, deck 20 and outside on footpath 20.
• THRIVING COMMUNITY HUB:
The cafe operates as a central space for locals and tourists alike, with strong community ties and a reputation for excellence.
BUSINESS HIGHLIGHTS:
The business has great potential for continued growth, or new concepts.
Sales & Profitability:
Full Trading Profit and Loss Accounts will be made available on application.
• TURNKEY OPERATION:
The sale includes all well-maintained kitchen equipment, fixtures, and furniture.
• FLEXIBLE OPERATIONS:
There is no doubt that the current concept is extremely successful and popular. But there is ample room for innovations and expansion.
• EXCELLENT LEASE TERMS:
A new lease 5x5x5 is to be made available to a suitable incoming operator.
• HIGH MARGINS:
Benefit from high margins and a loyal customer base with many repeat visits.
• STRONG WORD-OF-MOUTH:
Exceptional reputation bolstered by positive online reviews and social media presence.
• PROPERTY DETAILS:
Two brick buildings, two generous fully equipped kitchens, customer toilets, colourful retail space and dining area. An internal opening between provides access to deli and rear kitchen, staff toilet and storage areas.
OTHER FLOORS_
First floor on cafe features a substantial deck with retractable awning, ideal for events.
• ESTABLISHED REPUTATION:
Over 30 years of loyal return customers, knowledgeable staff, and welcoming atmosphere.
• UNIQUE OFFERINGS:
Smallgoods & cheeses from near and far, artisan accompaniments, and take-home house made meals. Large range of packaged biscuits and treats made on site inclusive of some special Christmas catering.
TRADING HOURS:
TOGS: Monday to Sunday: 8:30 AM – 4:00 PM – Closed all Public Holidays
MULBERRY’S: Monday to Friday: 10:00 AM – 4:00 PM Saturday 9:00 AM – 2:00 PM Closed Sundays & Public Holidays
OPPORTUNITY:
Open year-round with both indoor and outdoor seating, this venue is renowned for its excellent food and vibrant happy atmosphere. The owners would love to see Togs and Mulberry’s continue as a premier provider of exceptional food and service to the local loyal community. Whilst being enthusiastic about new opportunities and extensions to existing business model. They have enjoyed building this business the last 26 years but are ready to retire, making way for new ownership. This is an ideal opportunity for a new or first-time owner/operator eager to start earning profits immediately with a proven, successful brand.
Whilst taking in the benefits of living and working in a creative community. Togs Cafe and Mulberry’s Deli represents a rare chance to own a piece of Castlemaine’s culinary heritage.
Whether you are an experienced restaurateur or a first-time buyer, this is a prime opportunity to continue a thriving business or bring your own vision to life.
For more information or to arrange a viewing, please contact Nathan Lihari at Boston Brokers. 0411 988 999.
