Bar For Sale in Austin, Texas is a Money Maker.

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Do not Miss Out!!
Asking Price:
$300,000

Gross Revenue:
$647,893
Cash Flow:
$93,416
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Successful Bar For Sale outside Austin Texas. Money Maker, nearly $95,000 in 2018!
This Bar For Sale in a fast-growing suburb of Austin, Texas has become a local staple! The wonderful owners have spent over a decade creating a very profitable, friendly place where people go to meet friends and have a drink. In fact, this bar has done so well over the years that they have expanded multiple times!
Lots of businesses come and go in this notoriously fickle business. This bar for sale, offered by We Sell Restaurants, is a more than decade-long institution with a proven and unerring profitability. It is safe, comfortable, and genuinely welcoming. The drinks are well-curated, and the food keeps patrons in their seats for longer.
The 4,000+ square foot location -- big! -- can comfortably accommodate more than 130 patrons at a time. You can't make money if you don't have the space for the customers, and they have the space!
The owners were considering upping their game; doing a refresh of the inside, adding a digital menu board, and doing some serious advertising in the city that is exploding in population all around them. This suburb has grown in size from under 50,000 to over 75,000 in population since this bar for sale has been established.
The owners have decided to move on to other adventures and give the next owner this opportunity to own a bar in a booming market.
This creates a fantastic opportunity! Buy this bar for sale and become the proprietor of an institution. Meet some fantastic new friends, and garner yourself a real and lasting income! Austin is notorious for slow permitting - avoid all of the hassle and buy this profitable bar for sale. This is a turn key business - it will continue to make money operating up to and after you buy it!

About the Business

Location:
Cedar Park, Texas
Year Established:
2007
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
4,368
Rent:
$11,749.92 Per Month
Lease Expiration:
3/31/2022
Facilities:
1 Walk in cooler 16x6 2 Metal dry storage racks 1 Non commercial white refrigerator freezer 3 Plastic dry storage racks 1 Small metal storage rack holding soda syrup 1 Three compartment sink 1 Glassware dishwasher 1 Commercial tea maker 1 Soda dispenser and ice bin 1 Tan filing cabinet 1 Small wooden table 1 Small safe 1 Water heater Main Bar 2 iPads 2 iPad POS stations 1 cash drawer 3 Thermal printers 1 Front loading wine cooler 2 door 1 6 Keg back bar cooler 1 Hand sink 1 Dump sink 1 Small wood hall table 11 bar stools 6 Wood pub height 4 top tables 2 Wood standard height 2 top tables 1 Wood standard height 4 top table 3 Wood standard height chairs 1 Wood coffee table 1 Yellow velvet couch 1 Green velvet chair 2 Leather U chairs 20 Wood pub height chairs 2 Metal dry storage racks Antechamber 2 Dartboards with lighted framing 1 Shuffleboard 5 4 top tables 4 Round 2 top tables 5 Banquettes 30 Black padded chairs 1 Leather couch 2 Leather chairs 1 Wood coffee table 1 Bar height round table 1 Wood bar height bar stool 1 Projector 1 Projection screen Kitchen 1 Walk in cooler 8x10 6 Metal prep tables 1 Microwave 7 Metal dry storage racks 1 Plastic dry storage rack 1 Reach in freezer 1 Carbon copy printer 1 Salamander 1 Stove oven 1 Grill with cold storage drawer 2 Fryers 1 11 ft vent a hood with Ansel system 1 Sandwich press 1 Small tabletop pizza snack oven 1 2 well warmer 1 Soup kettle 1 3 compartment sink 1 Prep sink 1 Dishwasher drying rack rinse station 3 Hand washing sinks 1 Large ice maker 1 Water heater 1 Large sandwich making station cooler
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
There are always other bars and restaurants around but this one is very well placed It has been a part of the community for a long time Also the area around it continues to grow at a rapid clip
Growth & Expansion:
This location has already expended twice It could not really expand much more in its current location Another location could certainly be opened however
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About the Sale

Reason For Selling:
New Career
Training/Support:
1 week

Listing Info

ID:
1646663
Ad Detail Views:
0

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Business Listed by

Dave Duce

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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