New Upscale Restaurant For Sale

Leander, TX (Williamson County)

Seller Financing Available
Healthy, Fresh, Ingredients!
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Asking Price: $190,000

Cash Flow: N/A

Gross Revenue: $264,415

EBITDA: N/A

FF&E: $340,000

Inventory: $15,000

Rent: $5,400 /Month

Established: 2018

New Upscale Restaurant For Sale

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Business Description

This is a casual restaurant that prides itself on the use of local organic ingredients. The concept was inspired by the owner's love for organic food and passion for creating recipes that allow the food and ingredients to complement one another.

This dine-in restaurant is located on one of the densest roads in Leander, TX. The restaurant is also surrounded by well established residential communities and schools.

This acquisition is based on replacement cost, as you will save a ton of money and headache due to it being built out.

This new restaurant has increased sales monthly accordingly, as they are on their way to make approximately $264,415.47 by December 31, 2019.

Anticipated sales in year two $394,381.82
Anticipated sales in year three $460,000.00+

Detailed Information

Location:
Leander, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approx. 2,200 square feet with outdoor patio.
Competition:
There is a ton of new residential and commercial development surrounding this area.
Growth & Expansion:
There is a lot of room for growth as you can leverage food delivery services and there are new residential and commercial developments close to the area.
Financing:
Will consider seller financing with qualified buyer.
Support & Training:
The owner will stay on for 30 days (15-20 hours a week) and will stay on as a paid consultant for another 30 days (15-20 hours a week).
Reason for Selling:
Owner looking to focus on other family business.
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(from currently available funds)
 
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J. Robert Santos, MBA, ABI, Commercial RealtorĀ®

Business Listed By:
J. Robert Santos, MBA, ABI

Prolific Commercial Realty

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