Second-Generation Restaurant for Sale - 2 for 1 - Includes Food Truck!

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Asking Price:
$99,000

Gross Revenue:
$90,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Great Second-Generation Restaurant for Sale close to the highway in a suburb North of Austin. Comes with Food Truck! You get two for the price of one! Won't last! Bring your offers.
Buy this Second-Generation Restaurant for sale in one of the fastest growing cities in the nation. This location is ready to be transformed into the restaurant of your dreams. This restaurant for sale is a great, manageable size -- 1,785 sq feet -- and seats 40 customers. The space has an inviting glass front facade. The inside could be changed to accommodate a large range of styles, and the full commercial kitchen comes with all the equipment and includes a hood and a grease trap.
And did we mention the food truck that accompanies this restaurant for sale? You get two for the price of one! This truck already has a route that will transfer to a new owner offered by We Sell Restaurants. Just continue on with your concept!
The location of this restaurant for sale is in a commercial complex with a great mix of retail tenants. There is lots of parking right out front, always a bonus, and a sign facing the road. It has easy access to one of the major highways through the area. Rent, including NNN, is $2411 per month. The current lease is up on June 30, 2020, but would likely be renegotiated with the landlord, for a longer term, as part of this sale. Searching for how much it costs to build-out a restaurant, you quickly find $250,000 on up.
Buying a second generation restaurant for sale space like this one offers you the chance to leapfrog both the massive time and money involved with doing a restaurant build-out from scratch. Savvy buyers are grabbing these types of locations all over the Austin area because of the huge savings in time and money.
You can do small cosmetic changes to the interior and be up and running quickly as your own, totally new and exciting business. Since this restaurant for sale already has its Certificate of Occupancy, you can be open with your own concept extremely quickly. The current restaurant for sale has passed all its inspections as an operating food establishment. Now it can be changed to nearly any kind of concept and permitting will be much easier that starting from scratch.

About the Business

Location:
Cedar Park, Texas
Year Established:
2018
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,785
Rent:
$2,409.75 Per Month
Lease Expiration:
6/30/2020
Facilities:
Tables 5 Fashion Chairs 20 Bar Chair 18 LG TVs 2 Water Dispenser 1 Freezers 4x2 Horizontal 2 Standing Freezer 1 Prep Cooler 1 Prep Tables 9 Two Burner 1 Four Burner 1 Two Compartment Frier 1 1 Compartment Frier 1 Walking Cooler 1 Three Compartment Washer 1 one Compartment Washer 2 Storage shelves 4 Thandoor 1 Rice Cooker 1 Fry pans 25 Serving spoons 50 Cooking Pot 40 Quad 1 Cooking Pot 30 Quad 1 Cooking Pot 20 Quad 2 Cooking Pot 25 Quad 1 Briyani Pot 4 Food Storage 40 Quad 4 Tea Coffee Dispencer 1 Fire 5 Office Table 1 Office TV 1 Office Chairs 2 Printer 1 Wet Vaccum Cleaner 1 Trash 1 Front Sign Board 1 Hood 1 Storage shelves 2 Commerial Microwave 1 Cambros 3 Serving cart 1 Food warmers 5
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
This space is in a great growing market There will always be competition in the food space but as this is sold as a change of concept the specifics of the competition will vary
Growth & Expansion:
This would be a great location for either an initial store or a brand expansion for a store that already has a central Austin presence and wants to move North
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About the Sale

Reason For Selling:
Relocation
Training/Support:
Negotiable

Listing Info

ID:
1650694
Ad Detail Views:
327

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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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