2nd Gen Restaurant for Sale with Bar and Patio!

Austin, TX
Travis County


Asking Price: Annual Revenue:
$99,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 2nd Gen Restaurant for Sale with Bar and Patio! Broker: Dave Duce

Quick Facts

Asking Price: $99,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 14
BBN Listing #: 91678096
Broker Reference #: 9007

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Business Overview:

2nd Generation Bar and Restaurant for sale with Patio and Beer Garden available in NW Austin. Over 2,000 square feet. Change to any concept! This restaurant has a fantastic build-out, just more than a decade old, that includes the ample interior, a well-done covered patio, and even access to a beer garden with fairy lights. This is a rare listing!
This restaurant for Sale is in a well-established, high-disposable income area. It has a great balance: it is in a neighborhood location, yet is also accessible from a major highway running through Austin. It is in an easily-visible, corner location, with ample parking.

This listing by We Sell Restaurants deserves to be seen in person! The build-out is very well done. It has a generous 2,150 square feet inside, with seating for 65. The covered patio has seating for 40; the cover makes this an excellent space, with fans for the summer and heat lamps for the winter. Plus, amazingly, there is a 1,000 square feet beer garden that is usable, communal space. The restaurant currently in this space is child friendly and geared toward a family audience.

The commercial kitchen has everything this restaurant could possibly need, including a 7-foot hood and a 4-foot hood, a walk-in cooler, reach-in freezers, prep tables, and even a double conveyor pizza oven. In addition, the full bar includes three kegerators and under-counter coolers.

There is also a full bar, with liquor license from the TABC. The current lease term expires July 2022; rent on the next lease is expected to be at or under $8,000 per month, including CAMS.

This is a great build-out, perfect for the expansion of a current concept or the start of something new. Opening in this space will cost literally hundreds of thousands of dollars less than building a new restaurant from scratch! Since this space is a functioning restaurant with a current Certificate of Occupancy, you can change it cosmetically and have your own concept open and running very quickly.

Save the time, expanse, and considerable hassle of building out a new restaurant from scratch. This is a fantastic location that will not last long on the market!

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Property Features and Assets:

Double conveyor oven 7 ft hood 4 ft hood Two refrigerated prep tables Flat top grill 4 burner gas top 40lb fryer Pizza dough mixer Under counter freezer Under counter refrigerator Food Epo with heating element Assorted shelving Three kegerators TouchBistro POS system utilizing a Mac Mini Two iPad Minis Airport utility Dining Tables and Chairs Patio Tables and Chairs Patio Heaters Shed in back for paper goods storage Beer Garden Picnic Benches

Market Competition and Expansion:

This would be an excellent expansion location for an established brand, and would also be great for a newly established concept.

Reason for Selling:

Personal

Additional Details:

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

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