Amazing Coffee Shop location available in Downtown Austin!

Austin, TX (Travis County)

We Sell Restaurants Texas Restaurant Brokers
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Asking Price: $195,000

Cash Flow: $0

Gross Revenue: $415,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,495 /Month

Established: 2012

Amazing Coffee Shop location available in Downtown Austin!

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Business Description

Amazing Coffee Shop for sale available in Downtown Austin! Keep the same charming feel or change the Concept!!
Located in the heart of the booming downtown bustle of Austin, TX, this Coffee Shop for sale will not last long. Currently a coffee setup, situated directly on one of the main roads that intersects the Austin downtown area. Literally thousands of tourists and local business employees walk by this spot every day. Not only is the location fantastic, but the outdoor patio is incredible too! Your patrons can sit outside and enjoy a glass of beer, wine, or coffee while people watching all of the folks who come to visit Austin. The capital building is only a few blocks away, and that it brings in thousands of tourists!
Did we mention the amazing bar? Maximize a second revenue stream! Serve local brews, high end wines, or everything in between. Save yourself the considerable headaches of building out a new restaurant and instead take over this one, offered by the Restaurant Brokers, that already has all its permits and a beer and wine license. Austin has a notoriously terrible and lengthy permitting process; avoid this completely by transforming this already-functioning location! Time is money as they say, and this will save you a ton of time. Change the concept and in short order you could be open in a premier, highly visible location.
Austin is a city of foodies, and with this Coffee Shop for sale you become part of the growing restaurant economy here. Austin is a rich town, culturally as well as monetarily. And it is growing daily. An unbelievable 157 people move into the Austin area EVERY DAY! The metro area now has 1.2 million people, with an incredible 2 million people including the surrounding towns. These people have money and want to spend it!
The downtown area, where this Coffee Shop for sale is situated, has had an incredible influx of creatives and techies who have disposable income and crave culinary experiences. Transform this location to your own concept and keep the money you would have spent on the build-out to use as operating income until you reach profitability!

Detailed Information

Real Estate:
Leased
Building SF:
1,750
Lease Expiration:
N/A
Employees:
7
Facilities:
2 Cadco Lisa model 1 Cadco Arianna model 1 Electrolux Professional Panini Press Model No 603691 1 Sirman USA Panin Press Model No ELIO L R TIMER 2 Waring Commercial Panini Press model WPG250 1 True undercounter reach-in model TUC-60 1 True undercounter reach-in model TUC-48 1 True undercounter reach-in model TUC-47 1 Manitowoc ice maker model QY-0274A 1 True refrigerated counter sandwich top model TSSU-36-8 1 Meiko dishwasher model FV 40 2 1 Cadco convection oven model XAF-135 1 Sirman food slicer model CANOVA 300 1 True reach in cooler model T-49 1 True reach in freezer model T-49F 1 Fetco Coffee Brewer model CBS-2052E 2 Vita-mix blenders model 36021 1 MAHLKOENIG coffee grinder 1 Carpigiani Slush machine model GRANISMART 2 TS 1 Zummito Z-06 Orange Juicer 1 Custom Model No WN2510HT Double Impulse Sealer 1 Chocolate fountain Custom Model No DCD-150 SF Pro Series
Competition:
Very busy road beautiful outdoor patio No coffee shops nearby
Growth & Expansion:
Use this highly visible location to jump-start your brand in Austin
Support & Training:
1 week
Reason for Selling:
Health
Business Website:
http://https://www.wesellrestaurants.com
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Contact the Seller

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Dave Duce

Business Listed By:
Dave Duce

We Sell Restaurants

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.


Sponsoring Broker:
Eric Gagnon

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