Italian Restaurant for Sale near Austin

Georgetown, TX
Williamson County


Asking Price: Annual Revenue:
$950,000 $1,114,513

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant for Sale near Austin Broker: Dave Duce

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,114,513
Net Profit: Not Disclosed
Cash Flow: $194,484
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 22
BBN Listing #: 34058096
Broker Reference #: 8223

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Business Overview:

Very high cash flow Italian restaurant for sale in the Austin area! Amazing and Consistent Owner Benefit of over $360,000 in 2019! (The 2020 Owner Benefit dropped to just over $200,000, because of Covid.) Located on the busy main street of a town near Austin, Texas. Now that the world is opening back up, and this favorite restaurant is perfectly poised to capture the coming boom!

This amazing Italian restaurant for sale has been in business over 12 years and is SBA eligible. With only 20% down, you could be the next owner-operator!

This Italian restaurant for sale offered by We Sell Restaurants was created by the owners as the culmination of a life in food service, and it shows. The food is delicious and impeccable. The location itself has a fantastic atmosphere and a firm place in the community. It is only up for sale because the founding owners have decided to retire.

This restaurant is in a large, stand-alone building. It is impressive! The location is fantastic, right on the main traffic artery through a suburb of Austin that year after year is one of the fastest growing cities in the nation. This restaurant is the kind of institution that locals see as part of their daily lives. Also, it is less than two miles off the main highway, and it has a parking lot right out front.

There is seating for an ample 136 patrons inside and another 25 on the patio. When this Italian restaurant for sale first opened, the owners were going to renovate an existing building on the property, but in the end they decided that to make it perfect, they had to build from scratch. As a result, the new owner will inherit a fantastic build-out in a space custom-made for this restaurant.

This also means that the current owners will remain the landlords, which is a significant positive for any potential buyer. They have a large vested interest in keeping this Italian restaurant for sale thriving for years to come. Negotiations with landlords are notoriously intense, especially as rents have risen in the Austin area, so having the owners of the location also be the landlords eliminates a contentious pitfall in the path to a successful sale.

Owning this Italian restaurant for sale would be very profitable, there is no doubt of that. It even made more than $200,000 during the year of the pandemic. But there is another dimension to this; this is a business to be proud of. Many online reviewers call it their favorite place to eat. It is the kind of place that you can recommend to your friends and be confident that they will thank you later.

This is truly a superlative listing. This location has amazing food, a great location, a long track record, increasing sales, an easy landlord, the capacity to grow, and a fantastic owner benefit. If you are looking for an Italian restaurant that has high sales and is high caliber, stop looking now and contact us to learn more.

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Property Features and Assets:

2 Gas Pizza Ovens stove with 10 burners with 2 ovens stove with 6 burners with 1 oven grill flat Grill fryer Walk in Freezer walk in refrigerator Dish Washer Sink and table for Dishwasher 3 component sinks for dishes sink for vegetables small fridge for wine small fridge for cocktails cooler for five kegs beer 2 microwaves 4 line sandwich prep refrigerators 1 refrigerator 2 panini Grills Big Mixer 50 lb for bread pizza dough Ice machine Softener Soda machine 5 prep tables coffee machine ice tea machine all small wares

Market Competition and Expansion:

Well known local brand - could easily expand into other markets.

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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