High Profit Restaurant For Sale In Downtown Austin

Business Overview:

High Profit Fast Casual Restaurant for Sale in Downtown Austin! This gem earns over $250,000 per year! This Restaurant for Sale, with a Beer and Wine License, is in a fantastic location -- it is hard to overstate how fantastic -- right in the heart of downtown Austin. It is very close to the Convention Center and within a block of several major hotels, each of which provides a steady stream of customers. It has been consistently profitable, and growing its reputation, since 2009! It is very unusual to find a profitable business of this caliber in such a desirable downtown location -- and this Austin Restaurant for Sale presented by We Sell Restaurants even has a patio! There is seating for 35 patrons inside and another 50 customers outside on the lovely, ample patio... that also serves as fantastic advertising. This fast casual Restaurant for Sale specializes in a specific kind of dish, one both terrifically delicious and high margin. It is genius, and keeps the Cost of Goods Sold, at under 20%, enviously low. This establishment is known and renowned for this specialty, which have money versions both sweet and savory, and they round out the menu with several other dishes. 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. And on a regular basis, it serves not only the many thousands who work downtown, but also the tourists and Convention-goers. Rent at this Restaurant for Sale, including CAMS, comes to nearly $8,000 per month, variable with the gross revenue. This establishment has 10 full-time employees and 4 part-time employees. A Huge UpSide: The restaurant currently closes by 3pm., and the fact that this established restaurant is not open for dinner provides incredible potential! Stay open for dinner, including for carry-out dinners for downtown workers to take home -- and you suddenly have a new revenue stream without increasing fixed costs. And stay open late, with a full patio! Offer an exquisite signature wine-based drink paired with dessert (a specialty of this restaurant), and capture the late-night, after-dinner crowd, the people who love the outdoor patio and are not ready to go back to their homes and hotel rooms. This kind of untapped dinner-market and after-dinner potential is essentially unheard of in a downtown listing and creates a very desirable upside to this Restaurant for Sale (even beyond its already considerable current cash flow). This is a fantastic Restaurant for Sale and something of a Downtown Austin Institution. It is already very profitable, and opening for later provides a whole new revenue stream. This is a special listing! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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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 Charis 28 Tables 1 Drink Merchandiser in place

Market Competition and Expansion:

The menu at this location has been honed over the course of well over a decade and the Cost of Goods Sold is low, making this potentially a good first store to expand from.

Reason for Selling:

Relocation

Additional Details:

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