Legendary Austin Cafe for Sale!

Austin, TX
Travis County


Asking Price: Annual Revenue:
$99,000 $100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Legendary Austin Cafe for Sale! Broker: Dave Duce

Quick Facts

Asking Price: $99,000
Annual Revenue: $100,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 8
BBN Listing #: 72708096
Broker Reference #: 7999

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Business Overview:

This Austin Cafe for Sale is an institution, open for nearly 4 decades, is offered for sale for $99,000 by The Restaurant Brokers! The owner is retiring, bringing this amazing place onto the market! This cafe-style restaurant, in a great central location, is the kind of restaurant where you can get a big breakfast platter all day, and it has been serving the community literally for generations. This is your chance!

This Cafe for Sale is in a truly amazing location. It occupies this kind of Old Austin space that has been there forever and wouldn’t be built in the Austin of today. It is perfect and comfortable. But also, incredibly, it is easy walking distance from both a massive university, a hospital, and dense housing. This restaurant’s customer base is both immense and ever-replenishing.

We Sell Restaurants is impressed at the food at this Cafe for Sale in Austin that is good, simple, and affordable. Huge sandwiches, ample side potatoes, and pancakes to fill up the plate. Plus, omelets, burgers, brunches that deliver, and much more.

The ambiance here is laid-back. This Cafe for Sale is the kind of familiar place where the newspaper is left for the next person. It is a comfortable, known quantity, with a mixture of booths and tables. With 50 seats inside, this restaurant manages to be the perfect size, not too big and not too small. And the patio just outside adds room for another 26 customers. The patio is lovely, with greenery from plants filling out the view, and offers the perfect opportunity to catch up with good friends.

The commercial kitchen has a hood and grease trap. It is accustomed to accommodating a certain kind of food but could serve up other types of food if need be. There is parking for 12, and plenty of street parking. Although much of the customer base at this Cafe for Sale is from pedestrians.

The owner also owns the land, meaning your landlord at this Cafe for Sale will be someone who understands the business rather than a far-off corporation. The $4,200 monthly rent is a fantastic value for this location.

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Property Features and Assets:

4 door reach in cooler 2 sandwich coolers 1 two door cooler ice machine fryers stove top ovens gridle

Market Competition and Expansion:

There is no room for growth in this particular location, but it has been in existence for 38 years, so the need for growth is not there. This would be an excellent expansion location for any brand.

Reason for Selling:

Other

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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