Thriving South Austin Destination: Coffee, Cocktails, Kitchen & Events
Business Description
The Hive is a beloved South Austin community destination that uniquely combines specialty coffee, craft cocktails, Cajun-inspired cuisine, and private event hosting under one roof. Established in 2017 on high-traffic Menchaca Road, this thriving business serves the rapidly growing South Austin corridor with multiple revenue streams operating 7am-10pm, Tuesday through Sunday.
Key Business Highlights:
- Prime South Austin location on high-traffic Menchaca Road
- Commercial real estate included, 2026 tax assessed at $1,410,000
- $838,195 in 2025 revenue across 5 income streams
- Brand-new cocktail bar completed 2025 with full revenue upside not yet captured
- $130,000 in FF&E conveys with sale
- Three private event spaces generating approximately 5 bookings monthly
- Loyal customer base with active loyalty program and strong social following
Financial Performance:
- Annual Revenue: $838,195
- Seller's Discretionary Earnings: $90,000
- Gross Margin: 74%
- Current monthly revenue: $50-60K with clear path to $80-100K
What's Included:
- 4,000 sq ft commercial real estate owned free and clear, valued at $1,700,000
- Complete FF&E package including commercial espresso equipment, full kitchen, new cocktail bar, and POS system
- $10,000 inventory included in asking price
- Three distinct event spaces accommodating up to 30 guests each
Competitive Position:
Located in one of Austin's fastest-growing corridors with limited direct competition in the all-day coffee-to-cocktail hybrid category. The surrounding neighborhoods house a dense population of families, remote workers, and young professionals seeking quality local gathering spaces. No nearby competitor offers this unique combination of specialty coffee, full bar, Cajun-inspired food, and event space.
Growth Opportunities:
Significant upside remains with the newly launched cocktail bar's revenue contribution not yet fully reflected in financials. Expansion opportunities include enhanced happy hour programming, increased catering and corporate event bookings, dinner menu development, and strengthened digital marketing initiatives.
Operational Excellence:
Turnkey operation with General Manager and experienced staff expected to remain. Seller provides comprehensive transition support including operational training, vendor relationship transfers, staff management guidance, recipes, and event booking processes. This healthy, well-staffed business represents an exceptional opportunity to acquire both a profitable operation and valuable Austin real estate.
Key Business Highlights:
- Prime South Austin location on high-traffic Menchaca Road
- Commercial real estate included, 2026 tax assessed at $1,410,000
- $838,195 in 2025 revenue across 5 income streams
- Brand-new cocktail bar completed 2025 with full revenue upside not yet captured
- $130,000 in FF&E conveys with sale
- Three private event spaces generating approximately 5 bookings monthly
- Loyal customer base with active loyalty program and strong social following
Financial Performance:
- Annual Revenue: $838,195
- Seller's Discretionary Earnings: $90,000
- Gross Margin: 74%
- Current monthly revenue: $50-60K with clear path to $80-100K
What's Included:
- 4,000 sq ft commercial real estate owned free and clear, valued at $1,700,000
- Complete FF&E package including commercial espresso equipment, full kitchen, new cocktail bar, and POS system
- $10,000 inventory included in asking price
- Three distinct event spaces accommodating up to 30 guests each
Competitive Position:
Located in one of Austin's fastest-growing corridors with limited direct competition in the all-day coffee-to-cocktail hybrid category. The surrounding neighborhoods house a dense population of families, remote workers, and young professionals seeking quality local gathering spaces. No nearby competitor offers this unique combination of specialty coffee, full bar, Cajun-inspired food, and event space.
Growth Opportunities:
Significant upside remains with the newly launched cocktail bar's revenue contribution not yet fully reflected in financials. Expansion opportunities include enhanced happy hour programming, increased catering and corporate event bookings, dinner menu development, and strengthened digital marketing initiatives.
Operational Excellence:
Turnkey operation with General Manager and experienced staff expected to remain. Seller provides comprehensive transition support including operational training, vendor relationship transfers, staff management guidance, recipes, and event booking processes. This healthy, well-staffed business represents an exceptional opportunity to acquire both a profitable operation and valuable Austin real estate.
About the Business
- Years in Operation
- 9
- Employees
- 15 (9 Full-time, 5 Part-time, 1 Contractor)
- Facilities & Assets
- 10542 Menchaca Rd, Austin, TX 78748. Fully owned commercial property (2026 tax assessed value: $1,410,000) housing a specialty coffee bar, full cocktail bar, commercial kitchen, and three distinct event spaces with combined indoor seating for 85–100+ guests. FF&E valued at $130,000 includes commercial espresso equipment, full kitchen, brand-new cocktail bar buildout (completed 2025), patio furniture, and POS system. All equipment conveys with sale.
- Website
- https://www.hiveaustin.com
- Market Outlook / Competition
- Located in one of Austin's fastest-growing corridors, The Hive serves a loyal South Austin community with limited direct competition in the all-day coffee-to-cocktail hybrid category. The surrounding neighborhoods (Menchaca, South Lamar, Bouldin Creek, Barton Hills) are home to a dense population of families, remote workers, and young professionals actively seeking quality local gathering spaces. No nearby competitor offers the same combination of specialty coffee, full bar, Cajun-inspired food, and event space under one roof.
- Opportunities for Growth
- Significant upside remains untapped. The newly built cocktail bar launched in 2025 and its revenue contribution is not yet fully reflected in financials. Opportunities include expanded happy hour, increased catering and event bookings, corporate sponsorships, dinner menu development, and stronger digital marketing. Monthly revenue of 50K–60K has clear runway to 80K–100K with focused execution.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,000
About the Sale
- Seller Motivation
- Owner is ready for a new chapter. Business is healthy, staffed, and operationall
- Transition Support
- Seller will provide a reasonable transition period to ensure a smooth handover of operations, vendor relationships, staff management, recipes, and event booking processes. General Manager and experienced staff are in place and expected to remain with the business.
Listing Info
- ID
- 2497228
- Listing Views
Business Location
Listing ID: 2497228 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.



















