Business For Sale

Reduced-Italian Restaurant Near Downtown Austin

Austin, TX
Travis County


Asking Price: Annual Revenue:
$250,000 $514,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Reduced-Italian Restaurant Near Downtown Austin Broker: Wayne Campbell

Quick Facts

Asking Price: $250,000
Annual Revenue: $514,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $194,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 856543277
Broker Reference #: 8455-545317

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Business Overview:

Starting out of a food trailer in Austin, Texas, the brick and mortar restaurant opened in 2015. The owner is now looking for the right person to take the operation (including the beloved food trailer) to the next level. He is open to entering into a partnership with a proven restaurant operator or selling the whole operation while agreeing to stay with the restaurant during a transition period. There is future potential to franchise the concept.

The 1,700 square feet eatery is located near downtown with ample parking and additional outside seating. The decor and cuisine thoughtfully pays tribute to the owner’s southern Italian roots. The cozy restaurant has an open kitchen giving customers a bird’s eye view of the delicious cuisine being cooked to perfection. The quality organic ingredients shine through and elevate the flavors of the recipes and offerings inspired by Southern Italy.

Price: $290,000 Fixed Assets: $194,000 Revenues: $514,000 (2017)

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Reason for Selling:

Change

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.

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