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Bad weather, but business booms - The Martha s Vineyard Times
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Wednesday, May 26, 2021 - 9:48pm
It’s going to be a good summer for eating. No, great summer. Well, okay, when is it not a great summer for eating? But this one – 2021 – is going to be different. We all know why, of course. But considering that many of us are just coming out of our shells after getting our vaccines, you have to admire the chefs and restauranteurs who had to make decisions months ago about whether to go for it in 2021. But go for it they did, and we’ve got a full plate of new food businesses to show for their bravery.
The Martha s Vineyard Times
Big plans, same ice cream at Mad MarthaâsÂ
50-year-old business changes hands; will offer flavors both familiar and new.
Mad Martha s is under new ownership.
A group of investors and Island businessmen are the new owners of the three Mad Marthaâs Ice Cream stores, purchasing the 50-year-old frozen novelty business and buildings for a total of $8.2 million.
The buyers are led by Brook Katzen, owner of Little House Cafe and Island Cove Adventures mini golf, and Jim Shane, a real estate developer and Edgartown resident. Katzen and Shane will work as business co-managers, with Katzen conducting general operations. Katzenâs role in the purchase was first reported by The Times in April.
The Martha s Vineyard Times
Katzen to buy Mad Marthaâs
Katzen to buy Mad Martha s.
Little House owner Brooks Katzen is buying Mad Marthaâs. The business and three associated properties went up for sale late last year for $10.5 million. Patricia Roberts, one of the owners of Mad Marthaâs, said the deal will close âhopefully sometime before Memorial Day.â She didnât provide a sale price or details about the deal. When asked if it will remain an ice cream business, she said she wasnât sure what Katzenâs plans were. âI just know he has some business plans,â she said.
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