Established Downtown Austin Restaurant
| Asking Price: | $250,000 | Inventory: | $50,000 ++ |
| Gross Revenue: | $450,000 | Real Estate: | n/a |
| Cash Flow: | $100,000 | FF&E: | $25,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This restaurant has been operating in downtown Austin for 14 years serving delicious, fresh, healthy food in a unique style. The majority of sales are generated at lunch, despite the lack of advertising of the business. Most of the equipment is 2 years old while some is brand new. The restaurant occupies 3,500 square feet in a highly desirable section of downtown and this is the only restaurant of its type in the area. Monthly gross rent is $5,500 and the lease runs through 2016. Seller is willing to finance 50% of the purchase for a qualified buyer and will provide ample training for the new owner.
About the Business
Year Established:1995
Employees:4 full time - 5 part time
About the Sale
Reason For Selling:Current owner is exiting the industry.
Seller Financing:Seller financing is available.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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