Established Mediterranean Restaurant

Austin, TX
Travis County

Northwest Austin - Lakeway - Hwy 620

Asking Price: Annual Revenue:
$99,000 $575,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Mediterranean Restaurant Broker: Seller of Business

Quick Facts

Asking Price: $99,000
Annual Revenue: $575,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 14
BBN Listing #: 720057534
Broker Reference #: Not Disclosed

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Business Overview:

Motivated Seller - Well established, 6 year old, fast casual restaurant (franchise) with existing client base, specializing in fresh salads, grilled meats and in house made unique Mediterranean foods. Unique central location with inside and outside dining spaces. 50% of current business is take out with significant opportunity for sales growth given population expansion and increased catering needs in the area. Fantastic opportunity for an Owner / Operator to pick up a well established business. Current Owner retiring.

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Property Features and Assets:

Centrally Located in high growth / high traffic area in NW Austin Texas. Inside seating for 45 / outside seating for 12. All furniture, fixtures, inventory and equipment are included (walk in cooler, hood ventilation system, char-grill, griddle, deep fryer, cook top / oven, warmer unit, display cooler, refrigerated prep table and multiple cooler drawers.

Market Competition and Expansion:

Local area is growing dramatically with many Apartment and Single Family housing units being built within a 3 mile radius of the restaurant. Unique concept very limited competition with similar offerings. Business expansion opportunity significant given growing area, increase in catering demand in the area and increase in home delivery utilization.

Reason for Selling:

Owner Retiring

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 a franchise resale opportunity.

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