Huge Price Reduction on Bar for Sale in Austin

Austin, TX
Travis County

Asking Price: Annual Revenue:
$99,000 $647,893

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Huge Price Reduction on Bar for Sale in Austin Broker: Dave Duce

Quick Facts

Asking Price: $99,000
Annual Revenue: $647,893
Net Profit: $93,416
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 14
BBN Listing #: 77868096
Broker Reference #: 6881

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Business Overview:

Huge Price Reduction! This is It - Time to make the dream happen on this Bar for Sale in Austin Texas.

This Bar For Sale in a fast-growing suburb of Austin, Texas has become a local staple! The wonderful owners have spent over a decade creating a very profitable, friendly place where people go to meet friends and have a drink. In fact, this bar has done so well over the years that they have expanded multiple times!

Lots of businesses come and go in this notoriously fickle business. This bar for sale, offered by We Sell Restaurants, is a more than decade-long institution with a proven and unerring profitability. It is safe, comfortable, and genuinely welcoming. The drinks are well-curated, and the food keeps patrons in their seats for longer.

The 4,000+ square foot location -- big! -- can comfortably accommodate more than 130 patrons at a time. You can’t make money if you don’t have the space for the customers, and they have the space!

The owners were considering upping their game; doing a refresh of the inside, adding a digital menu board, and doing some serious advertising in the city that is exploding in population all around them. This suburb has grown in size from under 50,000 to over 75,000 in population since this bar for sale has been established.

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Property Features and Assets:

1 Walk in cooler 16x6 2 Metal dry storage racks 1 Non commercial white refrigerator freezer 3 Plastic dry storage racks 1 Small metal storage rack holding soda syrup 1 Three compartment sink 1 Glassware dishwasher 1 Commercial tea maker 1 Soda dispenser and ice bin 1 Tan filing cabinet 1 Small wooden table 1 Small safe 1 Water heater Main Bar 2 iPads 2 iPad POS stations 1 cash drawer 3 Thermal printers 1 Front loading wine cooler 2 door 1 6 Keg back bar cooler 1 Hand sink 1 Dump sink 1 Small wood hall table 11 bar stools 6 Wood pub height 4 top tables 2 Wood standard height 2 top tables 1 Wood standard height 4 top table 3 Wood standard height chairs 1 Wood coffee table 1 Yellow velvet couch 1 Green velvet chair 2 Leather U chairs 20 Wood pub height chairs 2 Metal dry storage racks Antechamber 2 Dartboards with lighted framing 1 Shuffleboard 5 4 top tables 4 Round 2 top tables 5 Banquettes 30 Black padded chairs 1 Leather couch 2 Leather chairs 1 Wood coffee table 1 Bar height round table 1 Wood bar height bar stool 1 Projector 1 Projection screen Kitchen 1 Walk in cooler 8x10 6 Metal prep tables 1 Microwave 7 Metal dry storage racks 1 Plastic dry storage rack 1 Reach in freezer 1 Carbon copy printer 1 Salamander 1 Stove oven 1 Grill with cold storage drawer 2 Fryers 1 11 ft vent a hood with Ansel system 1 Sandwich press 1 Small tabletop pizza snack oven 1 2 well warmer 1 Soup kettle 1 3 compartment sink 1 Prep sink 1 Dishwasher drying rack rinse station 3 Hand washing sinks 1 Large ice maker 1 Water heater 1 Large sandwich making station cooler

Market Competition and Expansion:

There are always other bars and restaurants around, but this one is very well placed. It has been a part of the community for a long time. Also, the area around it continues to grow at a rapid clip.

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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