Highly Visible Restaurant for Sale right next to University of Texas!

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Asking Price:
$119,000

Gross Revenue:
$300,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Purchase this Highly Visible Restaurant for Sale only blocks from the University of Texas in Austin! Tens of thousands of students live and play literally all around you.
This stand-alone Restaurant for Sale is an incredible opportunity to break into the lucrative restaurant scene in West Campus. Take advantage of this amazing built-out spot today, and start banking tomorrow! The University of Texas is only blocks away, and the place is buzzing with tons of activity within easy walking distance of your new Restaurant. No matter what concept you are thinking of, this restaurant for sale is the one you have been waiting for and its incredible commercial kitchen can accommodate.
If you have ever thought about opening a cafe, restaurant, bakery, coffee shop, bbq place, burger joint, pizza shop, sports bar, ethnic cuisine or other appropriate concept, this is Restaurant for Sale by the Restaurant Broker is the spot for you! It's a stand-alone building with high visibility and an incredible 17 parking spaces (a true rarity in the UT West Campus area), your concept will flourish from day one.
We all know how much it costs to pay for a full build-out and then purchase all of the equipment to make a space ready to serve customers. And the headaches of going through the permitting process in Austin. Why drop hundreds of thousands of dollars and months of time, when the Restaurant for Sale build-out is already done and the equipment is already in place and functioning! With this Highly Visible Restaurant for Sale, you can walk in and begin cooking, serving the thousands going by literally right outside your front door. This kitchen is large, extremely well equipped, and can handle the busiest of days. Plus, this currently-open restaurant has a Certificate of Occupancy -- this means No Permitting Process (which can slow down an opening by months).

About the Business

Location:
Austin, Texas
Year Established:
2012
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$6,760.00 Per Month
Lease Expiration:
8/1/2020
Facilities:
Ole Hickory BBQ Smoker 14 foot Vent Hood Flat top grills Gas Stove Under Grill 4 Fridge Sandwich unit Steam table Scale Cash register 3 compartment sink walk in cooler Char Broiler 5 stainless steel tables 9 wire racks Reach in Freezer Manitowoc Ice Machine 2 roof fans 2 serving counters Warmer Tables and chairs Pots pans Mop sink assorted small wares
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
There are other restaurants in the area but many have closed due to construction This space is right in the center of a hot market and should have no trouble attracting customers
Growth & Expansion:
Since this is a Second Generation space there are no plans for growth or expansion of the original tenant However this would be a great location in which to become known and begin a brand for later expansion
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About the Sale

Reason For Selling:
Retirement
Training/Support:
1 week

Listing Info

ID:
1604091
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

U.S. Census Data for Hays, Travis and Williamson Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Hays, Travis and Williamson Counties, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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