Huge Price Reduction! This is It - Time to make the dream happen on this Bar for Sale in Austin Texas.
This Bar For Sale in a fast-growing suburb of Austin, Texas has become a local staple! The wonderful owners have spent over a decade creating a very profitable, friendly place where people go to meet friends and have a drink. In fact, this bar has done so well over the years that they have expanded multiple times!
Lots of businesses come and go in this notoriously fickle business. This bar for sale, offered by We Sell Restaurants, is a more than decade-long institution with a proven and unerring profitability. It is safe, comfortable, and genuinely welcoming. The drinks are well-curated, and the food keeps patrons in their seats for longer.
The 4,000+ square foot location -- big! -- can comfortably accommodate more than 130 patrons at a time. You can’t make money if you don’t have the space for the customers, and they have the space!
The owners were considering upping their game; doing a refresh of the inside, adding a digital menu board, and doing some serious advertising in the city that is exploding in population all around them. This suburb has grown in size from under 50,000 to over 75,000 in population since this bar for sale has been established.
The owners have decided to move on to other adventures and give the next owner this opportunity to own a bar in a booming market.
This creates a fantastic opportunity! Buy this bar for sale and become the proprietor of an institution. Meet some fantastic new friends, and garner yourself a real and lasting income! Austin is notorious for slow permitting - avoid all of the hassle and buy this profitable bar for sale. This is a turn key business - it will continue to make money operating up to and after you buy it!
Lease Term: Expires March 31, 2022
Monthly Rent: $11746,
Indoor Seating: 100
Inside Sq. Ft: 4368,
Hood System: Yes
Neighboring Businesses: Pharmacy store, apartments, other restaurants
Hours Open: Monday & Tuesday: 4pm - 11pm Wednesday: 2pm - 11pm Thursday: 12pm - 11pm Friday & Saturday: 12pm - 12am Sunday: 2pm - 10pm
# of Part-Time Employees: 10
# of Full-Time Employees: 4
Net Sales: $647893.00
Owner Benefit: $93416