Established Downtown Austin Restaurant-Huge Growth Potential!

Austin, TX (Travis County)

Food
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Asking Price: $295,000

Cash Flow: $150,000

Gross Revenue: $1,000,000

EBITDA: $150,000

FF&E: $500,000

Inventory: $30,000

Rent: $10,221.33 /Month

Established: 2008

Established Downtown Austin Restaurant-Huge Growth Potential!

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Business Description

Successful business with 10 years operating history with 3 years at current expanded downtown location. Tremendous opportunity for added growth at current location and potential for franchising the concept to other locations. Fully equipped quick service restaurant located in the heart of Downtown Austin’s Central Business District. Restaurant serves generously sized, customized salads utilizing a variety of the freshest produce, made to order meats, and homemade dressings along with a wide variety of specialty toppings.Versatile kitchen, equipped with newer high-end equipment for preparation of a diverse range of menu items. Serving area includes a fully furnished interior space and outdoor covered patio space that is adaptable enough to accommodate various possible concepts. Prime high-traffic central location near several major employers, local tourism attractions & lodging, and residential concentration.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,833
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3833 SF lease space with extensive full commercial kitchen, catering and expedite line. Large dining area and covered patio seating. All Equipment and Furnishings were purchased brand new in last 3 years. Prime high-traffic central location near several major employers, local tourismattractions & lodging, and high residential concentration.
Competition:
Unique health conscious and environmentally conscious concept with little area competition. Prime downtown location with strong area demographics.
Growth & Expansion:
Historically the business has only operated 11am-4pm M-F, exclusively generating revenues from dine-in and carry out orders. Opportunity to greatly expand revenues by extending operating hours, incorporating 3rd party delivery services, and procuring large order catering contracts with regional businesses. Strong established concept and brand that is ideally suited for multi-location operations or franchise licensing to other operators.
Support & Training:
Owner will provide full training to new owner. Well Trained Staff. All Training Materials. Operation Manual & All Work Flow Materials.
Reason for Selling:
Personal health issues of one of the operating partners
Business Website:
http://properties.cmeatx.com/283032-sale
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Contact the Seller

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Sam El-Gizawy

Business Listed By:
Sam El-Gizawy

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Sponsoring Broker:
Jennifer Bernstein

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