High Profit Fast Casual Restaurant for Sale

Austin, TX
Travis County


Asking Price: Annual Revenue:
$499,999 $825,421

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High Profit Fast Casual Restaurant for Sale Broker: Dave Duce

Quick Facts

Asking Price: $499,999
Annual Revenue: $825,421
Net Profit: Not Disclosed
Cash Flow: $184,506
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 14
Employees: 2009
BBN Listing #: 69758096
Broker Reference #: 7002

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Business Overview:

High Profit Fast Casual Restaurant for sale in Downtown Austin! This gem earns high six figures on the books for an owner operator. Bring your offers today!

This fast casual restaurant for sale generates income to an owner of $185,000 a year on sales of more than $800,000. Also operates great hours, and is right in the heart of downtown Austin. This established business offers a great income and the chance to own a piece of the Austin dream.

It is unusual to find a profitable business of this caliber in such a desirable downtown location, and yet We Sell Restaurants has it! You get 35 seats inside and 50 outside on the patio. In fact, this lovely, large patio serves as fantastic advertising! This fast casual restaurant for sale has been operating under the same ownership for many years, and they are now ready to retire. This brings a fantastic opportunity to market for the first time.

This fast casual restaurant for sale specializes in a specific kind of dish, a dish both terrifically delicious and high margin! Cost of Goods Sold, at under 20%, is enviously low. This establishment is known and renowned for this specialty, which constitutes much of sales. The restaurant rounds out the menu and brings in additional revenue with the sale of beer and wine.

Due to the menu and location, this fast casual restaurant for sale takes in significant revenue during the annual SXSW festival, when people from around the world converge on downtown Austin. On a regular basis, it serves not only the many thousands who work downtown, but also the never-ending stream of tourists to our fair city.

This establishment has 10 full-time employees and 4 part-time employees. This fast casual restaurant for sale closes early on most weekdays, making it less difficult for an owner / manager than many others on the market. Or, making it potentially more profitable if a new owner changed the hours and chose to remain open longer. Rent, including CAMS, comes to about $5,000 per month, variable with the gross revenue.

The owner is looking for the right person to take over this space and continue the tradition that has been built here.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

3 double cooking crepe burners 1 espresso machine new 3 drip coffee machines 1 coffee espresso bean grinder 1 ice machine new 1 upright freezer 1 upright refrigerator 1 single door under counter refrigerator 2 double door under counter refrigerators 1 3door pizza prep table 1 food warmer 1 small ice cream freezer 1 prep table 2 convection ovens 1 meat slicer Miscellaneous kitchen items coffee urns utensils etc 60 Chairs 28 Tables 1 Drink Merchandiser in place

Market Competition and Expansion:

This is a fantastic space with a big patio in a highly visible part of downtown Austin. There is of course a lot of restaurant competition, but there is also a huge populace to serve.

Reason for Selling:

Retirement

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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