Business For Sale

Restaurant for Sale in Austin SoCo District

Austin, TX
Travis County


Asking Price: Annual Revenue:
$160,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale in Austin SoCo District Broker: Dave Duce

Quick Facts

Asking Price: $160,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 66088096
Broker Reference #: 6058

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Business Overview:

Highly Desirable Restaurant for Sale Location with Sidewalk Patio available on South Congress Ave in Austin, Texas! Fully built out and ready to change into your Concept!

South Congress Avenue is one of the most visited and visible spots in the City, so much so that it even has its own name: SoCo. A restaurant for sale in a location like this -- right in the center of the SoCo action, and with a patio -- is rarely available in Austin! If you like high-foot traffic, from locals and tourists alike, then this is the spot for you. Expect high average tickets and a lot of drop-in customers.

Right now the restaurant for sale at this location is only open for dinner, and only six days a week. Changing the concept to one more amenable to longer hours -- opening for lunch, for example, and staying open every day -- would capture much more of the income potential of this location. If you would like your business to be seen and visited by people from all over the world, this restaurant for sale by the restaurant brokers is just the place. Everyone in town knows SoCo.

The space itself is lovely already, and could be re-decorated without triggering permitting changes. Inside seating at this restaurant holds 66 patrons, with another 22 seats out on the sidewalk patio. Customers can sip wine and cocktails while watching the world go by on South Congress. The people-watching here is fantastic, and the patio provides the perfect venue. The commercial kitchen is fully built-out, too, and ready to go.

This restaurant for sale is truly one of the most prime Austin locations we have ever listed. Everything inside and outside is included in the sale. Of course the location retains the Certificate of Occupancy, which can be extremely arduous to get here in Austin. By buying this restaurant, you get a location that most likely will never hit the market it any other way, plus you get a property that is already operating and fully permitted. (Meaning you can bypass the often months-long permitting process.) You can literally just change the sign and open the doors for business.

Don't let this one pass you by!

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:

Walk-in cooler 3 double door fridge, salad prep 1 single door fridge 1 fryer 1 ice machine 1 hood 2 6gaz/haven 1 single door freezer 1 grain coffee machine 1 coffee and tea machine 2 2-doors fridge and beer tap 2 small wine fridge 3 POS Solution terminal 1 Laptop and 1 computer for office Rent dish washing machine

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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