Profitable Burger Restaurant for Sale in North Austin, TX - Cash Cow!
This burger restaurant for sale is special in so many ways: phenomenal and creative burgers, energy and goodwill surrounding the brand, recent remodel, and especially the rapid and ongoing increases in sales. This well-loved restaurant for sale offered by We Sell Restaurants in a suburb of Austin generated an incredible $225,000 in Seller’s Discretionary Earnings over the past 12 months, and it is going up from there! In fact, the $225,000 profit does not consider the fact that the business was closed for 3 weeks for the remodel, with an estimated loss of $50,000 in sales. Otherwise, the profit would have been $240,000!
Increasing Sales: For the last five years, sales have been higher every single month than they were the year before. Every. Single. Month. Gross Revenue has increased from $550,000 in 2014 to over $1.3 million projected for 2018. This impressive restaurant for sale keeps having their best month on record repeatedly! This is the kind of place you want to own!
Burgers: The burgers here are not just average burgers. They are impressive structures, often with interesting ingredients. This burger restaurant for sale keeps being voted as having the Best Burgers for a reason. These are burgers taking it to the next level. By buying this restaurant for sale, you are benefiting from more than a decade of menu-tweaking. They have tried an amazing number of variations and have distilled that into a truly crown-pleasing menu. All recipes, and the trained staff, will transfer to the new owner.
Remodel: This restaurant for sale is at the top of its game. After more than a decade in business, it underwent an extensive remodel earlier this year, so the physical appearance is fantastic. It was designed by a well-known designer. The vibe is energetic, very clean and brand-centric. This is not a hole-in-the wall; this is a burger restaurant for sale with a vision! The owners knew exactly what they wanted from the remodel, and it shows in every detail.
The remodel, completed in February 2018, cost $175,000 and included a lot of new Furniture, Fixtures, and Equipment. These include a new walk-in cooler, a new multi-tap beer draft system, furniture, monitors, grill, lights, 2 A/Cs, digital menu boards, and even a state-of-the-art sound system. This means the restaurant for sale is essentially new, except it has the benefit of 12 years of goodwill behind it! Sales since the remodel have exceeded expectations, and in fact the best sales month on record is June of 2018, with Gross Revenue of $125,000 in that month alone.
Location and Reputation: This restaurant for sale has a great location, with ample parking, in a suburb of Austin that is experiencing literally some of the most rapid growth in the country. And this store has massive goodwill in the community. When asked about this business, residents will say, “I love them!” Not just, “They make the best burgers!” Customers literally love them. The business has such a great environment, and the enthusiasm of the owners and employees transfers to the customers. This is the kind of organization that others in the community like to partner with for fundraisers. This is the kind of business that gives you cache as an owner.
Franchise Worthy: This is a well-thought out and highly franchise worthy concept. The current owners even had attorneys secure the name, so a new owner will automatically own the rights to this well-known brand. This is an unusual circumstance. A lot of energy and years of goodwill have gone into making this a Burger Restaurant for sale that is just on the verge of exploding. With the recent makeover of the store, the owners were positioning themselves for a brand expansion.
However, the current owners have recently been given an amazing opportunity overseas, and so their plans have changed abruptly. This creates a huge opportunity for a buyer, as we are bringing to market a store that would not normally come up for sale.
Possible Immediate Additional Revenue: Right now, this restaurant for sale is closed one day a week. This creates a nice quality of life but opening that day could instantly generate significant additional revenue.
Opportunity! It is hard to overestimate how great an opportunity this restaurant for sale represents. It has a fantastic brand, huge recognition, amazing food, and a brand-new build-out. It is highly profitable, and revenue is rising every month. It is well-run and well-liked. This is a fantastic, amazing listing. In fact, the owners believe in the business so much that they may be willing to do some seller financing for the right buyer.
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- Listing#: 6380
- Price: $400000
- Location: Cedar Park
- Over $200,000 Cash Flow and Rising!
- Recent Full Remodel
- Fantastic Reputation in the Community
- Over 12 Years in Business
- Highly Franchisable Concept
- Restaurant for Sale