Pizza Business for Sale in Austin, TX - Includes Bakery

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Asking Price:
$120,000

Gross Revenue:
$447,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Pizza Business for Sale Includes Bakery for Fresh Dough in Austin!
This Pizza business for sale with a bakery included in Northwest Austin by the restaurant brokers is ready for a change! This great space has the perfect bones for a profitable new restaurant: it is in an established and well-traveled part of Austin, surrounded by neighborhoods with real disposable income, near a major grocery store, has parking and has been a casual cafe and pizza joint for the past 17 years. If you are looking for a smart place to open your new restaurant in Austin, this may just be the perfect location for you!
This provides a fantastic opportunity for a new owner to start a new pizza business for sale almost overnight. Or, change the concept; the commercial kitchen, which includes a hood and a grease trap, can be used for nearly any cuisine. In fact, this might be the perfect location for the expansion of a local brand. This part of Austin has little new construction, so this space would provide a way to expand into a desirable part of town.
This significant 4,000 sq ft location seats 70 customers inside and another 10 outside. The lease on this substantial location is $6,000 per month, including CAMS. There are four years left on the current 5-year lease, which provides a nice cushion of time before a new lease is needed. This pizza business for sale does not currently sell alcohol, so adding that could automatically provide a boost.
There is a brisk market for 2nd generation restaurant spaces in Austin, and for good reason. It takes a lot of money to build anything out from scratch, let alone to put in a new commercial kitchen (with the hood and the grease trap!). It also takes a lot of time. More than it should.
Austin is growing at a crazy rate and has been for years, and that has made permitting something of a slow-moving nightmare for new construction. Buying a pizza business for sale like this avoids most all of that. This literally saves both time and money off of developing a new location!
This location has so much going for it. If you are looking for the right spot for your new Austin restaurant, this could very well be the ideal location. Parking, proximity to roads, great rent, a commercial kitchen, and a large and airy feel combine to make this a hot Pizza Business for Sale listing in this market.

About the Business

Location:
Austin, Texas
Year Established:
2002
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
4,000
Rent:
$6,000.00 Per Month
Lease Expiration:
6/30/2023
Facilities:
Double deck pizza oven Large pizza prep refrigerator Several stainless steel prep tables Large salad prep refrigerator Large sandwich prep refrigerator Espresso machine Grill Stand up two door refrigerator Walk in cooler Walk in freezer Rotating bakers oven large Dough machine Ice machine Large dough proofer Three compartment sink Bread slicer Hot sandwich press
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
The market in this part of Austin is difficult to enter generally because there is little new construction This space has already held a profitable restaurant for 17 years so it could certainly be such again
Growth & Expansion:
This would be a great first location or expansion location for a local brand As noted it can be hard to find the right space in this part of Austin so this may just be the perfect place for a local expansion
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About the Sale

Reason For Selling:
Personal
Training/Support:
1 week

Listing Info

ID:
1648516
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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