Restaurant for Sale in Austin's Hottest Location - Perfect for a Cook or Chef!

Restaurant for sale in architect-designed Rainey Street Location!  Yes, a Rainey Street Address!!!  

Open your dream business by buying this restaurant for sale without the time, effort, permitting, and immense capital improvements needed for a new build-out.  Lock in a monthly rental rate that will be the envy of other Rainey street locations.  

Do you want to be an Austin chef / restauranteur?  This restaurant for sale in Austin puts you on the map, and fast.

This gorgeous restaurant for sale is in literally the hottest part of Austin.  It is hard to overstate the opportunity and density of patrons that a Rainey Street location presents.  Add to that the new full build-out, turn-key operations, and the favorable long-term lease, and this is an absolute jewel of a restaurant for sale offered by the Restaurant Brokers.

Right now, this farmhouse-modern restaurant for sale is being operated part-time by the long-time owners of the property.   They are seeking chef inspired or passionate kitchen entity to take it to the next level.  This restaurant for sale is ready for a new operator who can take prime advantage of what this location has to offer.  The thriving entertainment district where this restaurant for sale is located is comprised of historic bungalows and high rise buildings, is already overflowing with patrons, and yet this hip part of town is still growing, with 4000+ new resident and hotel guests entering by the end of 2018.

This is "two businesses in one" that is focused on a walk-up window model serving fast casual food along with a shared yard of 60 plus seats outdoor as well as 20 seats inside a bar that is located on the same property AND is has a profitable event venue model underway and thriving with contracted buyouts on the books for 2017.  The bar (not for sale) provides customers to the kitchen as well as referrals from hotels and condos that are steps away.  The building including bathrooms is about 550 sq feet and the yard is another 2,000 square feet of usable seating and space and includes a parking spot off the alley. 

Turn this restaurant for sale location into a cafe, bistro or any concept.  This opportunity, ripe with momentum, is ready to be assumed as-is (by keeping the name and the story alive) or can be re-branded (subject to the owner's approval).  The current restaurant for sale operation includes a Friday & Saturday evening offering and a robust Sunday brunch crowd. The other days are reserved for private event bookings with contracted catering income. Approximately 5-10 event inquiries and/or reservations for large parties come via the restaurant for sale website each week.  Private opportunities abound, from birthday sell-outs to weddings to Corporate buyouts.  This location shares a yard with a wine and beer bar that holds the TABC license.

This restaurant for sale is impeccable: Classic. Simple. Clean. Uncomplicated. Thoughtful. Nostalgic yet Modern. Casual yet Classy. Comfortable yet Hip.  Designed and built by resident architect Craig Nasso, This restaurant for sale is incredibly energy efficient and thoughtful in every manner.  The lush yard is near the hub of the most active bars, and elicits a comfortable-hip groove.

This Restaurant for Sale is ready to be taken over by the right buyer. This opportunity offers the chance to eliminate all build-out costs. It is essentially a turn-key situation. Click on the tab below to receive the name, address, and additional photographs of this restaurant for sale opportunity once you sign the electronic confidentiality agreement. If you have any questions please call Dave Duce, Austin's only Certified Restaurant Broker, at 512-773-5272.

 

Listing

  • Listing#: 5233
  • Price: $350,000
  • Location: Austin
Lease Term: 5 to 7 years
Monthly Rent: $
Inside Sq. Ft: 550
Hood System: Yes
Hours Open: Fridays :: 5:30pm - 11pm Saturdays :: 5pm - 11pm Sundays :: 10:30am - 2:30pm
# of Part-Time Employees: 3

Features

  • Located in the heart of Rainey Street - the Hottest Area in Austin!
  • New full Build-Out, Turn-Key operation, and a Favorable long-term lease.
  • 4000+ new resident and hotel guests entering by the end of 2018.
  • Private opportunities abound, from birthday sell-outs to weddings to Corporate buyouts.
  • Perfect for a Chef or a robust kitchen team.
  • Restaurant for Sale