Stand-Alone Restaurant for Sale in Austin Texas

Austin, TX
Travis County


Asking Price: Annual Revenue:
$225,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Stand-Alone Restaurant for Sale in Austin Texas Broker: Dave Duce

Quick Facts

Asking Price: $225,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 27
BBN Listing #: 62658096
Broker Reference #: 6957

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Business Overview:

Stand-Alone Restaurant for Sale available in Austin Texas. This one is a must-see, keep the same or change the concept! Especially stylish, high-end build out.

This gorgeous Stand-Alone Restaurant for Sale is modern and spacious, with a stylish and expensive build-out. It is truly a must-see space. And at only 4 years old, it still feels fresh! Add to that the great location on a major thoroughfare, and you have the makings of a new Austin classic.

This restaurant for sale has great signage on a major road in North Austin provided by We Sell Restaurants. It is also only a mile off the Interstate highway and very close to a massive destination location. In other words, any concept in this space will become known simply due to the massive number of cars that will see it, and its clean road-side signage, on a daily basis.

This restaurant for sale is big! The substantial 6,000 square foot space seats 125 guests comfortably. It is, as mentioned, especially stylish, with an amazing array of high-end touches, from the high, tiered ceilings to the gorgeous concrete floor. Clean wood accents ground the space throughout, and yet it has every so much more to recommend it. The layered lighting! The massive bar! The accent walls! The dedicated wine area! The amazing doors! This designer restaurant for sale space has gorgeous touches everywhere.

The building itself has ample parking, and the front of the restaurant for sale has a two-story, sophisticated facade. Once entering, the check-in area is stunning. (This is just about the farthest you can get from that ubiquitous hostess podium stuck up by the front door of other spaces). To top it off, this restaurant for sale serves an affluent community in what is literally one of the consistently fastest-growing areas of the country. And there is space for a band. Because Austin!

A new business - could quickly be opened in this space. Cosmetic changes could transform the space, or some or all of the current decor could be kept intact. The back-of-the house is ready to support nearly any kind of cuisine. The full commercial kitchen includes the equipment (see the equipment list for more details), a hood, and a grease trap.

Rent, including CAMS, is $11,000 a month. The current lease runs through September 2023, plus a 5 year option. The current restaurant for sale has a liquor permit, making it easier and more likely to get another one at the same location.

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Property Features and Assets:

PARTY ROOM 2 Tables 4x8 2 Large Fu Dog Sculptures 1 Table 30 inch x 8 ft 16 Chairs Vizio TV on wall Decorative Items LOBBY 3 Small Square Tables 8 ft Bench Heater Fan Electronic Equipment and POS multiple tablets Decorative Items MAIN FLOOR and BAR 6 High Chairs Bar Fountain Gun Coca Cola 3 Slings Red Bull Cooler Electronic Equipment plus POS 2 Tables 8ft x 30in 46 Tables 2ft x 30in 61 Chairs 12 Bar Stools Turbo Air Keg Cooler Turbo Air 3 Door Cooler Turbo Air 2 Door Cooler Taiji Sake Warmer Bar Maid Glass Polisher Hand Sink in Bar 3 Compartment Sink in Bar Jockey Box in Bar Drain Box in Bar Glasses and general supplies 2 x 65in Vizio TVs Electronic Equipment plus POS Systems SERVER AREA Old Aldelo POS System 1 Door Coke Cooler Coca Cola Cold Drinks Cooler Sliding Coke Cooler Coca Cola All Electronic Equipment and Loose Items 1 Door Small Coke Cooler Coca Cola 4 Black Buddha Statues Fountain Soda Machine Coca Cola Community Tea Machine Community Coffee Coffee Machine Community Coffee 2 Uverse Cable Boxes Dry Storage Room Top Stainless Shelf Shelving System All Loose Inventory Stainless Table KITCHEN 3 Stainless Wire Shelves Dishwashing Table Station Fountain Soda Syrup Shelf Coca Cola Black Shelf Hood above dishwasher Ice Machine Mission Restaurant Supply Dry Erase Board Hood system above cooking line Dishwasher Pureforce Top Stainless Shelf above packing area 3 Compartment Sink First Aid Kit Alsco 4 Bay Steam Table Walk In Cooler 2 Laundry Baskets Alsco Hobart Meat Slicer with Table Walk in Freezer Stainless Shelf above Steam Table Shelving for Walk-Ins Microwave with Wood Table Black Wire Shelving by Dishwasher 2 5ft Stainless Prep Tables 1 6ft Equipment Stand 4 Rice Warmers 4ft Prep Table Expo 4ft Prep Table with Double Shelf Kitchen Side Expo 2 Kitchen Prep Sandwich Coolers with Double Shelving 1 Kitchen Prep Sandwich Cooler Salad Shelf above Sandwich Cooler Salad GE White Upright Freezer Wall Mount Wire Shelving System above 3 Compartment Sink Black Microwave with Stainless Shelf Stock Pot Stove PITCO 20in Fryer Wok Range Dean 15in Fryer Vulcan Stove Wolf Griddle Gusto Charbroiler 2 x Rinnai Rice Cookers Kairak Cooling Equipment Stand 3 Plastic Bus Carts 2 Stainless Steel Bus Carts Shelving in Mop Closet Shelf above handsink next to mop closet Wood Table next to Packing area Sharp Wall Mount TV Storage Shed Personal belongings will be removed Chest Freezer Items in the storage area belongs to Mr Ong Supplies only pertinent to Operation of restaurant Stand Up Fan Pitco Fryer EXTERIOR Linen Storage Box Alsco Grease Container Biodiesel Fuels OFFICE Personal belongings will be removed All Loose Equipment Lockers Marquis Letter Cabinet Speaker Stereo System Dyson Vacuum Folding Table 2 x L Desks File Cabinet 5 Extra Dining Tables Coffee Table Insignia TV Karaoke System Everything in office belongs to JAK

Market Competition and Expansion:

There is competition in the food space all over Austin, but that said, this is in a highly-trafficked and growing area. The restaurant originally in this space was profitable, proving this point.

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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