Profitable Burger Restaurant for Sale in North Austin, TX - Cash Cow!

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Amazing sales trend generating month over month, year over year growth!
Asking Price:
$495,000

Gross Revenue:
$1,262,047
Cash Flow:
$224,960
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Profitable Burger Restaurant for Sale in North Austin! Recently remodeled in red hot market of Austin Texas. Amazing sales trend generating month over month, year over year growth! Cash Cow!

This burger restaurant for sale is special in so many ways: phenomenal and creative burgers, energy and goodwill surrounding the brand, recent remodel, and especially the rapid and ongoing increases in sales. This well-loved restaurant for sale offered by We Sell Restaurants in a suburb of Austin generated an incredible $225,000 in Seller’s Discretionary Earnings over the past 12 months, and it is going up from there! In fact, the $225,000 profit does not consider the fact that the business was closed for 3 weeks for the remodel, with an estimated loss of $50,000 in sales. Otherwise, the profit would have been $240.000!

Increasing Sales: For the last five years, sales have been higher every single month than they were the year before. Every. Single. Month. Gross Revenue has increased from $550,000 in 2014 to over $1.3 million projected for 2018. This impressive restaurant for sale keeps having their best month on record repeatedly! This is the kind of place you want to own!

Burgers: The burgers here are not just average burgers. They are impressive structures, often with interesting ingredients. This burger restaurant for sale keeps being voted as having the Best Burgers for a reason. These are burgers taking it to the next level. By buying this restaurant for sale, you are benefiting from more than a decade of menu-tweaking. They have tried an amazing number of variations and have distilled that into a truly crown-pleasing menu. All recipes, and the trained staff, will transfer to the new owner.

Remodel: This restaurant for sale is at the top of its game. After more than a decade in business, it underwent an extensive remodel earlier this year, so the physical appearance is fantastic. It was designed by a well-known designer. The vibe is energetic, very clean and brand-centric. This is not a hole-in-the wall; this is a burger restaurant for sale with a vision! The owners knew exactly what they wanted from the remodel, and it shows in every detail.

The remodel, completed in February 2018, cost $175,000 and included a lot of new Furniture, Fixtures, and Equipment. These include a new walk-in cooler, a new multi-tap beer draft system, furniture, monitors, grill, lights, 2 A/Cs, digital menu boards, and even a state-of-the-art sound system. This means the restaurant for sale is essentially new, except it has the benefit of 12 years of goodwill behind it! Sales since the remodel have exceeded expectations, and in fact the best sales month on record is June of 2018, with Gross Revenue of $125,000 in that month alone.

Location and Reputation: This restaurant for sale has a great location, with ample parking, in a suburb of Austin that is experiencing literally some of the most rapid growth in the country. And this store has massive goodwill in the community. When asked about this business, residents will say, “I love them!” Not just, “They make the best burgers!” Customers literally love them. The business has such a great environment, and the enthusiasm of the owners and employees transfers to the customers. This is the kind of organization that others in the community like to partner with for fundraisers. This is the kind of business that gives you cache as an owner.

Franchise Worthy: This is a well-thought out and highly franchise worthy concept. The current owners even had attorneys secure the name, so a new owner will automatically own the rights to this well-known brand. This is an unusual circumstance. A lot of energy and years of goodwill have gone into making this a Burger Restaurant for sale that is just on the verge of exploding. With the recent makeover of the store, the owners were positioning themselves for a brand expansion.

However

About the Business

Year Established:
2006
Number of Employees:
12 FT 9 PT
Real Estate:
Leased
Building Sq. Ft.:
4,296
Lease Rate/Sq. Ft./Mo.:
$8,437.00
Lease Expiration:
11/30/2024
Facilities:
Walk-in Cooler/Freezer Combo Kolpak
Seven (7) wire rack shelves inside cooler/freezer
10 tap draft beer direct draw system
Ice Machine - makes pellet ice Ice-o-matic
Ice Bin
6' griddle Ideal - IDGR 72
Fryer Dean - SR152GN
Fryer Atosa - ATFS40
Fryer Oil Filter Pump
Atosa Chef Base MGF8453
Atosa S/S unit - Mega Top MSF8308
Atosa S/S unit MSF8306
Maxx Cold undercounter freezer MXCF72U
2 tier overshelf for expo window
two 4' Vollrath heat lamps (240V)
True Single Door Merchandiser TRUEGDM-26-HC~TSL01
Bun Toaster
Bun Toaster Stainless Table
Atosa Radiant broil char grill, 12"
Mini freezer McCall - F-6
Vollrath Hot Food Table with overshelf/sneezeguard 38102 (120 volt)
To Go Dual Bulb food warmer Avantco
Fryer Heat Lamp - table mount Adcraft IDW-940W
Fryer Heat Lamp - table mount Hatco Glow-ray
Stainless table for heat lamps
3 compartment dish sink with 1 side drainboard
Dish Machine SSDC AF-3D
Wire rack storage shelves on casters (6 total)
Three (3) stainless prep tables with undershelf (4')
6' stainless expo prep table with undershelf
Three (3) 4' stainess expo prep table with undershelf
Waring 3-spindle mixer (for shakes) WDM360T
Microwave Amana - 140RMS10DS)
Black + Decker Convection Oven (counter top unit) TO3250XSB 
Little Snowie 2 Snow cone Machine
Stainless Equipment Stand for Snow Cone Station
Tomato manual Slicer GTS100
Electric Continuous Feed - Food Processor Sammic CA-401 Kit with extra blades
Coke Machine
Soda Machine Bib Rack and Dispensing Equipment
Ice Cream dipping Freezer Stajac - VB-3-LED
Bunn Tea Machine On loan
Train Game On loan from 'Pinballz' arcade
Driving Game
Toy Crane
Toast POS System
two (2) 15" ELO Tablet Cash registers
two (2) 10" Samsung TAB4 backup tablets
two (2) 21" ELO KDS kitchen display screens
four (4) receipt printers
two (2) cash drawers
55 gal trash can
Two (2) 30 gallon square trash cans
33 gal trash can
Two (2) small waste baskets
One (
Market Outlook/
Competition:
There is competition in the marketplace, of course, but the absurdly rapid growth of the populace more than offsets any market saturation. The fact that the store has had increasing sales for years is a testament to that.
Growth & Expansion:
This restaurant is absolutely poised for growth. A known designer has created the blueprint for the store, which was used for the recent remodel. The menu has been honed and the brand goodwill has been created over the last decade. The market is open,
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About the Sale

Reason For Selling:
Relocation
Training/Support:
1 week

Listing Info

ID:
1560121
Ad Detail Views:
263

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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 Williamson County, 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 Williamson County, 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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