Excellent Restaurant for Sale

Austin, TX
Travis County


Asking Price: Annual Revenue:
$199,000 $230,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Excellent Restaurant for Sale Broker: Dave Duce

Quick Facts

Asking Price: $199,000
Annual Revenue: $230,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 12
BBN Listing #: 5088096
Broker Reference #: 8844

Email or Print Listing

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Business Overview:

Restaurant for Sale location is on the Drag (Guadalupe St.) in Austin, next to the University of Texas! Rare Opportunity will not last!

There is one and only one “Drag” in Austin, and this restaurant for sale could not be more in the heart of it! A property like this does not often emerge.

This 1,800 square foot restaurant for Sale by We Sell Restaurants is right in the center of things, on Guadalupe Street, directly across the street from 50,000+ potential customers at the University of Texas at Austin. This space is literally awash in foot traffic for hours each day.

In 2021, a new 6’ hood and a 100-gallon grease trap were installed. These, along with all the kitchen equipment, would convey to the new owner. This location also has a Mixed Beverage Permit and a current Certificate of Occupancy.

And, there is a patio! This space has an ample 48 seats inside and another 8 right there on the front patio. The patio not only provides desirable seating, it also serves to visually make a restaurant in this space top-of-mind to the constant flow of pedestrians. This front space could be cosmetically transformed to create an eye-catching, branded entrance right there in front of a *zillion eyeballs a day. (*not the exact figure)

It cannot be overemphasized: Location, location, location. This restaurant for sale is not two or three blocks deep into West Campus, or tucked down near the ends of the Drag -- places begging customers to walk just.that.bit.farther for their sustenance. No, this spot is right there, boom, as accessible as can be, begging the heat-stroked masses at UT to come right on in.

This restaurant for sale is your chance to either become instantly known or to expand your brand presence in Austin. And amazingly, the rent is not outrageous, and the landlord is known for being reasonable. Current rent is $8,700 including CAMS, with a lease until 1/31/2032 and options after that.

This is a great location that could quickly be transformed to the concept of your choice. If you are considering opening or expanding a restaurant in Austin, this may be the perfect location to anchor you in the minds of both current Austinites and generations of college students to come.

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Property Features and Assets:

2 Quik n Crispy GF5 Commercial Air Fryers and Accessories 6ft x 3 ft Type 2 Hood with Exhaust Fan and Installation 1 Walk in Freezer 1 Walk in Cooler 1 Avantco 60 in Worktop Freezer 1 60 in Worktop Cooler 1 Coca Cola Beverage Standing Cooler owned 1 24x72 Stainless Steel Workstand 1 18x24 Stainless Steel Worktable 1 Double Bin Ice Cream Softener Cooler 1 Stainless Steel Worktable with sink capacity Various Shelving Storage Racks 2 Kitchen Hand Wash Sinks 1 Three Compartment Kitchen Sink 100 Gallon Grease Trap new 1 Avantco 12x20 Double Food Warmer 3 Carnival King Triple Bottle Warmer 2 Hatco 21 in Hot Holders 3 Nemco Waffle Cone Makers 1 Stoelting SCBF16837 Triple Frozen Beverage Machine 1 Waring Single Three Speed Drink Mixer 1 Galaxy MW100PB Microwave 1 Proctor Commercial Toaster Full equipment of Smallware for Operations and Kitchen Mats TOAST POS System 1 Toast Flex for Guest with MSR Tap Printer and Cash Drawer 1 Kiosk Guest Terminal with Tap and Printer 1 KDS Kitchen Display with Epson Printer 1 POE Switch and 1 Meraki Router with Network Installation TV Mounts and Network Installation for promo and menu screens Audio System Bluetooth and Multi Input Audio Receiver 2 External All Weather Speakers Wired Installation 4 Internal Ceiling Speakers Wired Installation Adentro ZenReach Customer Wifi Router with Network Installation ADT Security System Front and Back Door Alarms with Motion Sensor Furniture 8 Fixed four chair interior tables with 4 chairs each 4 Fixed two chair interior stool tables with 2 stools each o 4 Patio Round Tables with 2 exterior chairs each Interior Office Space with desk Electronic keypad access to kitchen area Signage 2 Exterior LED Signs in Patio Area 1 Interior LED Kitchen Area Exterior Main Sign with electric install and timer Exterior Blade Sign 2 Exterior Partition Signs 1 Sandwich Board with detachable and replaceable sides Various Interior Signage Need to return or leased NOT OWNED Pepsi 8 Flavor Fountain Soda Machine ICE Maker over Soda Machine Bulk CO2 tank and accessories exterior tank and interior accessories Pepsi Beverage Refrigerator Red Bull Beverage Refrigerator

Market Competition and Expansion:

This would be a perfect store either for an initial location or for an expansion. In fact, the high visibility in such a well-traveled and remarked-upon area would solidify the reputation of and and advertise for the other locations of a restaurant.

Reason for Selling:

Personal

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.

Relevant Links:

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