Unearthed Tea and Coffee Mornington - A Question of Taste

24 days ago

Location:
Mornington 3931 > Melbourne - Greater > Victoria

Investment level:
$220,000 + SAV

Type:
Business

Industry:
Retail > Specialty retail

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Summary

‘Tea, coffee or me?’ You’ll feel like having a bit of fun when you are enjoying another day next to the Bay on the Mornington Peninsula and your customers keep telling you how much they love your shop

Location Details

55 Main St, Mornington VIC, 3931

About the Business

‘Tea, coffee or me?’ Yes, you’ll feel like having a bit of fun when you are enjoying another day next to the Bay on the Mornington Peninsula and your customers keep telling you how much they love your shop! Unearthed Tea and Coffee is reluctantly handing over the reins after 18 years of serving both loyal local customers and tourists alike.

Operating 7 days a week, and tucked in between the business and Paris ends of Main Street, Mornington, everyone in town knows where to go to get their specialty tea and coffee supplies. In addition to all the best in roasted coffee, exotic tea leaves and delectable handmade chocolates, Unearthed is a reliable source for product knowledge and friendly service, as well as a place to snap up an unusual gift for someone you love.

Eminently suitable for a couple of owner-operators, Unearthed will provide the new owners with an excellent turnover and healthy net profit. As a bonus, in addition to a ground floor retail outlet, the premises come with a two bedroom apartment with kitchen/living room above, currently being used for storage but with the potential of other uses (subject to landlord approval). All this for a reasonable rental of $4,166 plus GST (approx.) per calendar month and a new 5 year lease.

Easily run by just one or two people, Unearthed has discovered the formula for a successful business. However, any new owner may decide to make changes, for example, installing a coffee machine for tastings. New owners will benefit from an extensive handover period which will include training and the transfer of specialist knowledge and introduction to suppliers (of which there are currently 50-60).

So if you want to put the ‘Me’ into an already successful business and add your own taste, contact us now to arrange an inspection with an opportunity to discuss the business with the owner and start changing the ‘Tea’ into ‘Me’.

Price: $220,000 + 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).

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