This is a great opportunity to purchase a bar and music venue in greater Austin that has both a DJ and live music events. The current owner just updated the bar in the past year and it’s ready for a new owner to take it to the next level. Lots of growth opportunity. The bar generates consistent earnings right now and has potential to grow much further.
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Property Features and Assets:
The bar and lounge has internal seating for 200 ppl.
Market Competition and Expansion:
The Austin bar scene is competitive but this neighborhood has a limited number of bars and has a chance to develop into a good local attraction.
Growth can be achieved by positioning the business as a great bar to watch live music. The new owner should consider offering more food options to increase revenue.
Reason for Selling:
- 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.