Turn Key 2nd Gen East Austin Restaurant Asset Purchase

Asking Price: $260,000

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Turn Key 2nd Gen East Austin Restaurant Asset Purchase


Asking Price: $260,000

Asset Sale Description
Asset Sale ready for operator to take over Restaurant Lease
Rare opportunity to acquire a fully built-out restaurant and bar in a desirable East Austin location with extensive outdoor hospitality space, dedicated parking and substantial existing infrastructure.
Rosewood Social Club was designed as a patio-first neighborhood restaurant, bar and social destination. Significant capital has been invested into the buildout, commercial kitchen, bar systems, refrigeration, espresso program, frozen-drink equipment, furnishings, landscaping, lighting, technology and operating setup. A buyer can avoid the time, cost and uncertainty involved in developing a comparable location from the ground up.
The sale includes substantially all furniture, fixtures, equipment, smallwares, signage, supplies, leasehold improvements and transferable operating assets. Major equipment includes commercial refrigeration and freezers, prep coolers, combi oven, ranges, charbroiler, fryer, flat-top grill, espresso machine, nitro cold-brew and draft-beer systems, Taylor frozen-drink machine, slushy machine, soft-serve machine, commercial ice maker, stainless bar equipment, Toast POS hardware, televisions, sound equipment, security cameras, office equipment, indoor and outdoor furniture and décor.
Transferable digital and operating assets may also include the Rosewood Social Club name and branding, website, domain, social-media accounts, phone number, menus, recipes, operating procedures, vendor information, delivery and ordering accounts and other agreed intellectual property.
The location is well suited for an experienced restaurant, bar, café, food-truck, brunch or hospitality operator seeking a fast path into East Austin. The property offers a combination of indoor service space, a large furnished deck and patio, outdoor customer areas and rare on-site parking. A Large enclosed children's playground and outdoor full sun televisions.n
This is an asset sale and lease-assignment opportunity. Any lease assignment remains subject to the landlord’s financial review and written approval.

Seller is seeking serious cash offers from qualified buyers with readily available funds. Proof of funds will be required before detailed financial, lease and operational information is released.
This offering is intended for buyers prepared to move efficiently. Seller is not interested in entering prolonged Letter of Intent, extended due-diligence period or open-ended negotiation process. Preference will be given to clean cash offers with limited contingencies, a clearly defined review period and the ability to execute a definitive Asset Purchase Agreement and proceed immediately with landlord approval.
Final included assets, closing terms and obligations will be documented in the executed Asset Purchase Agreement.
Detailed Information
Years in Operation
1
Facilities & Assets
This restaurant is a fully built-out East Austin restaurant and bar with extensive outdoor hospitality space, including a large furnished deck and patio, customer seating, landscaping, decorative lighting and rare on-site parking.
Includes all furniture, fixtures, equipment, smallwares, signage, supplies and leasehold improvements. Major assets include Brand New food truck, commercial refrigerators and freezers, prep coolers, combi oven, ranges, charbroiler, fryer, flat-top grill, stainless worktables and all other equipment included with food truck, espresso machine, nitro cold-brew and draft-beer kegerators, Taylor frozen-drink machine, slushy machine, soft-serve machine, Hoshisaki ice maker.
Also included are Toast POS terminals and printers, televisions, sound equipment, security cameras, indoor and outdoor furniture, décor, office equipment. Final inclusions are subject to the executed Asset Purchase Agreement.
About the Sale
Transition Support
Seller will provide up to 30 days of reasonable transition support following closing, including introductions to employees, vendors, service providers and key business contacts, along with guidance on current operating procedures, equipment and day-to-day systems. Support is intended to assist with a smooth transition and does not include ongoing management responsibilities.
Seller Motivation
Need to step away for health / family issues
Financing
No financing
Listing Info
ID
2524558
Listing Views
Business Location

Listing ID: 2524558 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. See our full Terms of Use. Learn how to avoid scams.