ALL OFFERS WILL BE CONSIDERED!!
Buy this turnkey restaurant for sale in Austin, Texas located in a highly desirable location! Keep the current concept or change it to your own with this beautiful and tasteful build-out!
This restaurant for sale by the Restaurant Brokers is situated directly on one of the busiest traffic arteries running right through Austin. It sits on the ground floor of a huge apartment complex with almost 400 units! The current owners spent over $1 million on the impeccable build-out, and their strong sense of style is obvious everywhere. They serve Italian style food with a full bar that serves fine wines, local brews, and specialty drinks. The savvy buyer can turn this restaurant for sale to their own advantage, converting this location to a different high-end eatery while paying pennies on the dollar for the build-out, equipment, fixtures and furniture. Take it to fast casual with a decor change.
This 4,000 square foot restaurant for sale has been open for only two years. There are eight years left on the current lease term, with two 5-year options to extend. Thousands of cars drive by this location every day, and there is walking traffic, too. There is a huge (and FREE) parking garage located around back, with access to this restaurant for sale directly from the parking garage.
The ambiance at this restaurant for sale is a relaxed and upscale vibe - very Austin. Did we mention the 1,500 square foot outdoor patio? A must here in Austin, this huge patio is completely covered by an amazing oak tree. Your customers will be cool and happy sipping on a cold brew while eating the food you have created in the full commercial kitchen. Host live music and bring in the customers who love good local music and add to your revenue stream.
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.
Lease Term: expires June 2024 + two 5-year options
Monthly Rent: $13500
Indoor Seating: 92
Inside Sq. Ft: 4000
Hood System: Yes
Neighboring Businesses: Apartment complexes, retail, dining
Hours Open: Monday-Sunday: From 11AM to 2PM / From 5PM to10Pm Sunday Brunch: From 10AM to 2PM
# of Part-Time Employees: 10
# of Full-Time Employees: 7
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