$20,000 price drop on this Austin TX Cafe!

Austin, TX
Travis County


Asking Price: Annual Revenue:
$39,000 $330,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: $20,000 price drop on this Austin TX Cafe! Broker: Dave Duce

Quick Facts

Asking Price: $39,000
Annual Revenue: $330,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 2
BBN Listing #: 24308096
Broker Reference #: 7771

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Business Overview:

Motivated Seller! Make your offer today. Price drop to only $39,000! Great opportunity to own this Cafe for Sale. This local institution (37 years!), serves up a fresh menu with a local, homemade vibe. The facade faces a well-travelled, landmark road and -- critical in Austin -- there is ample easy parking. This is perfect for a new owner, either as-is or as a second-generation space for your own concept. This Cafe for Sale is 2,090 square feet, including an office and a storage area in the back of the building is offered by We Sell Restaurants. There are 40 seats inside and 8 outside, in decorative booths that define the entrance. Current rent is $4,580 per month, including CAMS, and the current lease expires in September 2024. The parking situation is great -- with 24 spots in the front and 50 in the back -- making it easy to get in and out for a fast breakfast or lunch. The menu at this Cafe for Sale includes sandwiches, veggie wraps and salads, with extensive sides, soups, and drinks. Everything is made with high-quality meats and cheeses and the freshest produce, and numerous original sauces compliment the dishes. They also have a variety of delicious soups and salads that keep the regulars coming back for more. It is no wonder that this Cafe for Sale is locally loved, with many five-star reviews online. This Deli-style Cafe for Sale is in a great location in Austin and is ready to be sold to the right owner. Right now, very little advertising is done, and there is a lot of movement for growth in catering. Also, this cafe for sale is also only open for breakfast and lunch, and only on weekdays. Imagine if you stayed open later and opened on the weekends -- the upside potential here is HUGE! If you are opening your own concept, avoid the hassles, cost, and time of a build-out in Austin. Going through the bureaucracy at the city of Austin can take months, and a build-out can cost hundreds of thousands of dollars. Buying an established restaurant, fully licensed and permitted, with a Certificate of Occupancy, like this cafe for sale saves time, money, and energy. Make your dream come true and call me today!

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Property Features and Assets:

1 Vollrath Mirage Pro Induction Burner 1 Vollrath Intrigue Induction Burner 1 Southbend Commercial Oven 2 True 1 Door Reach In Refrigerator 1 True 1 Door Reach In Freezer 2 True 2 Door Reach In Freezers 1 True 2 Sided 2 Door Deli Case 1 True 3 Door Sliding Glass Refrigerator Merchandiser 1 Manitowoc Series 450 Ice Machine

Market Competition and Expansion:

The Austin market is competitive, and not every restaurant makes it. Yet... this restaurant has been here for 37 years! Yes, there is competition, but the market can certainly sustain a restaurant at this location.

Reason for Selling:

Personal

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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