Texas Business For Sale

Established Downtown Austin Restaurant

Austin, TX

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$450,000
Not Disclosed
$100,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
9
399911198

Business Overview:

This restaurant has been operating in downtown Austin for 14 years serving delicious, fresh, healthy food in a unique style. The majority of sales are generated at lunch, despite the lack of advertising of the business. Most of the equipment is 2 years old while some is brand new. The restaurant occupies 3,500 square feet in a highly desirable section of downtown and this is the only restaurant of its type in the area. Monthly gross rent is $5,500 and the lease runs through 2016. Seller is willing to finance 50% of the purchase for a qualified buyer and will provide ample training for the new owner.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

3,500 square feet $5,500 gross monthly rent. Lease expires 2016.

Reason for Selling:

The current owner is exiting the industry.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

Please Note: The Texas Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these Texas businesses for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.