Business Overview:
This is a popular downtown lunch spot. 15 years in business in one of the best locations in downtown Austin. Simple operation. Customer choose the fresh ingredients from a large buffet and the fresh food is stir grilled to perfection. The restaurant is quality built; stone floors and a very large round grill that can grill simultaneously for many customers. Nicely decorated, fun place to eat. The area has thousands of well paid steady government, state, corporate employees and affluent residents. The restaurant is 3,500 square feet and the set up with 120 seats is spacious. Also serving Beer and Wine. Seller has to move and priced it for a quick sale.
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:
One of the best locations in downtown Austin. Street parking, parking lot and parking garage. The restaurant is 3,500 square feet and the set up with 120 seats is spacious. Total rent $6,000 (good rent for the size and the area), lease expires 2016
Market Competition and Expansion:
There are many restaurants in the area, but there are thousands of government, state, corporation and small business employees around to keep business steady. There is no other restaurant with this concept in the immediate area. The fact they have been in this location for 15 years speaks for itself.
Reason for Selling:
Moving
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.
Resources: