THE TOWN MOUSE 312 DRUMMOND STREET - CARLTON
BUSINESS Detail
BUSINESS DESCRIPTION
Boston Brokers are delighted to bring to market this well established stand-alone upscale restaurant bar that is ideally located on the busy North end of Drummond Street, a stone’s throw away from popular Lygon & Brunswick St’s. The surrounding area is buzzing with a wealth of shoppers, tourists, entertainment goers and office workers both day and night. Nearby operators include: Markov, Carlton Wine Room, D.O.C, Masani, Criniti’s and Tiamo.
In a highly desirable location, this stunningly appointed venue with top of the line custom fixtures, fittings and equipment has everything in place to create a comfortable, relaxing environment. The synonymous venue is largely considered to be the epitome for its type of customer embraced Euro-centric menu, award winning wine list and exceptional service. This attention to providing the best experience possible has led to rave reviews and excellent revenues from satisfied, repeat clientele.
The Town Mouse is an award-winning, five–time hatted venue as adjudged by The Age Good Food guide including the 2018 guide just released. In addition, it was recognised as one of the top 10 venues for business lunches in Melbourne – two outstanding achievements.
BUSINESS HIGHLIGHTS:
Turnover of $1,700,000+ p.a.
High profile Carlton location
On point chic fit-out and design
Fully fitted commercial kitchen including cool-room and freezer
BUSINESS STRENGTHS:
On Trend Menu
Seating for 100+ (39 inside, 16 courtyard & 16 footpath, with licence for a further 42 on first floor)
Popular Food Destination – High Profile Retail and Nightlife Locale
“Restaurant & Cafe” Liquor Licence for 95 patrons 7 days until 11pm
Currently trades for dinner 5 nights and lunch 3 days
LEASE AND RENT:
Commencement date: 29th February 2012
Term: One (1) X Two (2) Years
Further terms: One (1) x Five (5) Years (further terms to be negotiated with landlord)
Rental Amount: $5,755 PCM + GST + Outgoings
Review Dates: CPI annually
Market Review: On Commencement Date of The Further Term
While there is no shortage of strong competition in this highly popular area, the well-established venue remains somewhat unparalleled in Melbourne for its concept! Town Mouse has become part of the Melbourne dining community and should remain so for the foreseeable future. New operators will likely wish to continue to capitalise on the venue’s success, location and established goodwill. It is ideal for a restaurateur looking to expand a chef who wants to make his/her mark, or an entrepreneur looking for the ideal upscale casual restaurant. Minor changes may potentially be implemented to bolster or enhance profitability. Truly one of a kind venue!
~ The seller offers training to assure a smooth transition.
Premium – Expressions of Interest Invited
Interested in this Business?
For Viewings Please Contact – Martin Mashni
