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West Austin Restaurant for Sale. Excellent area!

Austin, TX (Travis County)

We Sell Restaurants - Texas Restaurant Brokers
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Asking Price: $89,000

Cash Flow: $56,238

Gross Revenue: $164,912

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,981.80 /Month

Established: 2015

West Austin Restaurant for Sale. Excellent area!

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Business Description

Don't start from the ground up when you can hit the ground running!

Price Drop!
West Austin Restaurant for Sale in an Excellent area with limitless potential! Keep the concept or change it - the choice is yours to make! Don't start from the ground up when you can hit the ground running!
This delightful restaurant and small market is for sale in a very high-income area of Austin! Keep the concept or change it! This restaurant for sale provides a fast and easy way to open a restaurant in a fantastic part of town. This location is perfect for private parties and catering.
Right now, this is a charming restaurant serving food from the home country of the owner. He is ready to retire, however, and that puts this lovely space on the market. This past year, he made over $55,000 in Seller's Discretionary Income. We Sell Restaurants knows a thing or two about good businesses - and this is definitely one of them!
It is a great space in West Austin, in a center located directly off the main thoroughfare through the area. The front area has goods for sale in a small market, while the counter at the back serves food from the kitchen. There is no hood or grease trap, as it is not needed for the kind of food served.
This space is 750 square feet, and the rent is a commensurately low $1,985 per month, including CAMS. The lease is up in mid-2021.
Fast cosmetic changes could transform the existing build-out of this restaurant-for-sale. Open in this great location, with amazingly low rent, without having to build it from scratch or go through the laborious permitting process.
Austin is growing faster than any other city of comparable size in the United States, which means a ton of new permitting to take care of. Consequently, the permitting process is well-known for being difficult and long. Escape all that when you purchase this open and operating restaurant for sale. This location, for example, has passed all inspections and received a Certificate of Occupancy.
If you are planning to open a restaurant in or around Austin, here is the perfect way to do it! Escape both the massive expense of a build-out and the many months and money required to do so. Cosmetic issues are the last part of a build-out and are much more inexpensive than anything else. This restaurant for sale is the perfect opportunity to avoid the hassles and headaches of starting from scratch!
This space offers a great way to get a foot-hold in the Austin market without spending phenomenal amounts of time and money doing it!

Detailed Information

Location:
Austin, TX
Real Estate:
Leased
Building SF:
734
Lease Expiration:
6/30/2021
Employees:
3
Facilities:
deli cutter mini fridge beverages fridge Deli case Icemaker electric stove refrigerator freezer
Competition:
As with nearly any restaurant there are a large number of substitutes That said we still open them Competition is there but this is also a fast-growing area and this space is right off the main road that everyone takes
Growth & Expansion:
This is a perfect space for a home business to grow into as a lifestyle business or as the jumping-off point for something with larger ambitions It can cost millions to open a restaurant Here is a fast and easy way to do it for so much less
Support & Training:
1 week
Reason for Selling:
Retirement
Business Website:
http://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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