Well Established Cafe for Sale in Austin in Highly Visible Location!

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Asking Price:
$299,999

Gross Revenue:
$839,212
Cash Flow:
$48,203
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well Established Cafe for sale in Austin Texas is earning $50,000 for an owner operator on strong sales. Bring your offers today on location in the midst of the area's growth. High visibility location.
This inviting, rustic cafe for sale is a super restaurant for someone seeking good location, simple operation and good earnings. Owner pockets nearly $50,000 a year on more than $400,000 in Gross Sales for 2018.
Austin is exploding, and the area nearby this cafe for sale offered by We Sell Restaurants is growing right along with it. All those new people have to get around and eat somewhere and take their kids to playgrounds. This restaurant has a marquee location, with a high facade, that directly faces a road travelled by literally tens of thousands of vehicles every day. And a playground!
This cafe for sale is very homey and inviting, and it boasts just the kind of home-cooking dishes a customer would expect and desire. They have everything from heart-healthy meals to amazing burgers to killer chicken-fried steak. This is real, fresh food, and customers know it.
This is a sizable location of 3,500 square feet, with space for 120 seats inside. Rent, including CAMS, at this cafe for sale is $13,445 per month. This location also has a fantastic, ample, and shady(!) outside patio. As a bonus, the patio directly borders a common play area for children. This area is completely fenced-in and dog-friendly, too.
The playground is highly desirable, as it is rare and can bring in a whole demographic -- parents of squirmy young children. This is a fantastic place for stay-at-home parents to go during the day, or for families for dinner and on the weekends. Many Austin parents like nothing more than to have a cold beer on a patio and watch their kids on the playscape.
This cafe for sale opened in 2010, and the build-out and equipment were all new at the time. The full commercial kitchen includes a vent hood and a grease trap. Eight full-time employees and one part-time employee all know their jobs and keep the restaurant humming along.
The original owner is ready to retire, creating a great opportunity in the marketplace. Buy this restaurant and start your own journey!

About the Business

Location:
Austin, Texas
Year Established:
2010
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
3,500
Rent:
$13,440.00 Per Month
Lease Expiration:
11/30/2024
Facilities:
1 True Standup freezer 2 True Refrigerators 2 ovens proofers 1 warmer 1 beer keg holder 1 beer showcase 1 dessert display 3 make tables 3 prep tables 1 ice machine 1 flat grill 1 saute 2 burner table 3 flat ice chests 1 slicer
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Like most of Austin this is a growing area More than 40 000 vehicles went by every day a few years ago and the number keeps rising As for the cons there is certainly competition in the marketplace but in Austin there always will be
Growth & Expansion:
This location is not a franchise and as of now there are no plans to open another location That said there is significant opportunity for expanding the current clientele most specifically the parents-of-young-children demographic as this will more e
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About the Sale

Reason For Selling:
Retirement
Training/Support:
negotiable

Listing Info

ID:
1600991
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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