Restaurant and Bar for Sale in Austin - Gorgeous Operating Business

Purchase this Gorgeous Restaurant and Bar for Sale Located Directly on Restaurant Row in booming Austin, Texas!  Seller spared no expense in building out this amazing space. 

Keep this Restaurant and Bar for sale as it is... or take this perfect turnkey location and convert it to your own concept. This spot is an absolute gem. With over 2,700 square feet, including the full commercial kitchen, it is a substantial property.  This nearly-new spot is located in the heart of Restaurant Row, one of Austin's premier restaurant areas.  The location offered by the restaurant brokers is coveted, situated as it is right along busy Burnet Road, and with ample parking to boot!

The restaurant and bar for sale operating in this space has been open for less than a year. It has increasing -- and substantial -- monthly revenue, but has not yet reached profitability and may not have the operating capital to see itself through to that point.  The owner is currently seeking equity partners, as the restaurant fills a certain important part of the market and is so close to profitability.  Although the current owner would rather garner a cash infusion to bridge to profitability, he is also looking at the possibility of selling his restaurant either as it is or for someone else to change to their own culinary taste.  

The location is amazing, the build-out was costly and well-done, it has more than 100 parking spaces available, and there are a lot of people looking for a space on Restaurant Row.  Thousands of cars go by here every day, and there are also thousands of potential customers who live and play within easy distance of this restaurant and bar for sale.  

If you want to change over the current concept, this restaurant and bar for sale could easily be transformed into nearly any type of restaurant.  It could be a rocking Sports Bar, a sizzling Indian place, an Italian or Mexican location, Pizza and Burgers, or nearly anything else.  If you are searching for a Restaurant and Bar for Sale in Austin, save yourself the considerable headaches of building out a new restaurant and instead take over this one that already has all its permits and a full liquor license (to maximize a second revenue stream). Austin has a notoriously slow permitting process; avoid this completely, as well, by transforming this already-functioning location. Change the concept and in short order you could be open in a premier, highly visible location. 

Click on the tab below to receive the name, address, and additional photographs of this Gorgeous and Operating Restaurant and Bar for Sale once you sign the electronic confidentiality agreement. If you have any questions please call Austin's only Certified Restaurant Broker, Dave Duce, at 512-773-5272.
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Listing

  • Listing#: 5513
  • Price: $250,000
  • Location: Austin
Lease Term: expires October 2023 + two 5yr options
Monthly Rent: $7,520
Indoor Seating: 67
Inside Sq. Ft: 2710
Hood System: Yes
Hours Open: Monday thru Friday 10:30am - 9pm Saturday 9am - 9pm Sunday 9am - 6pm
# of Full-Time Employees: 7

Features

  • Great for Owner/Operator who wants to live and play in awesome Austin!
  • Very large commercial kitchen can accommodate all your needs.
  • Located in one of the most popular hang-out areas in Austin.
  • 2,710 sq ft fully-equipped Restaurant is turn-key and ready to go.
  • All of the furniture, fixtures and equipment come with the purchase.
  • Restaurant and Bar for Sale