Profitable Mediterranean restaurant for sale

Austin, TX
Travis County


Asking Price: Annual Revenue:
$250,000 $316,951

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Mediterranean restaurant for sale Broker: Dave Duce

Quick Facts

Asking Price: $250,000
Annual Revenue: $316,951
Net Profit: Not Disclosed
Cash Flow: $91,399
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 48688096
Broker Reference #: 8535

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Business Overview:

Profitable Mediterranean restaurant for sale in Central Austin, Texas. Dine in, delivery, pick-up and catering. Located on busy North Lamar!

This profitable Restaurant for sale is on track to make $115,000 in 2021! It is located on well-known North Lamar Blvd in Central Austin. This Halal restaurant has been serving tasty lunch and dinner dishes for five profitable years, and the owner is ready to move on. This creates a fantastic opportunity! For a qualified buyer, the current owner is willing to do some seller financing, or a partnership, making this the perfect situation for a new Owner / Operator!

This Mediterranean restaurant for Sale by We Sell Restaurants is located in a busy strip center right off Lamar Boulevard, one of the main thoroughfares through Austin. Take advantage of all the apartments, new homes, and office workers in the area. The center itself has many apartments, too, providing a fabulous built-in clientele. The restaurant space is an ample 1,500 square feet, with room for 28 seats inside and up to 10 seats outside.

This restaurant has a great location, yes, and a great lease, too! This Restaurant for Sale, offered by We Sell Restaurants, has a fantastic lease in place that can be assigned to a new owner. The NNN lease, is $4,391 per month and includes all CAMS, insurance, taxes, AND utilities. The current lease expires in October 2025, and there is one five-year option to extend the term.

This Mediterranean restaurant has a menu of fresh, delicious dishes. From gyro to hummus, from wrap to plate, this restaurant has is figured out! Social media pictures of the dishes are fantastic, and the restaurant has many repeat customers. This Restaurant for Sale is currently open six days a week, from 9am to 9pm. They are closed on Sundays.

This fully-equipped Restaurant for Sale has everything you need to be successful. The equipment package includes an eight-foot exhaust hood, deep fryers, a six-foot grill, prep tables, commercial refrigeration and a freezer, and much more. As an operating restaurant, it has a current Certificate of Occupancy.

THIS IS A MONEY-MAKING BUSINESS FOR AN OWNER OPERATOR! This is a profitable, turn-key restaurant, in a great part of Austin, and it is priced to sell. Don’t Miss out!! Call your We Sell Restaurants Broker today!

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:

1 Freezer 1 Cooler 8 foot hood fryer 6 foot flat grill prep cooler drink cooler rice cookers slicer

Market Competition and Expansion:

This is a great market to be in, with an every-growing number of people in the area. Market cons include the competition from all food-service in the market.

Reason for Selling:

Relocation

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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