High Profit Fast Casual Restaurant for Sale in Downtown Austin!

High Profit Fast Casual Restaurant for sale in Downtown Austin!  This gem earns high six figures on the books for an owner operator.  Bring your offers today! 

This fast casual restaurant for sale generates income to an owner of $185,000 a year on sales of more than $800,000.  Also operates great hours, and is right in the heart of downtown Austin.  This established business offers a great income and the chance to own a piece of the Austin dream.

It is unusual to find a profitable business of this caliber in such a desirable downtown location, and yet We Sell Restaurants has it!  You get 35 seats inside and 50 outside on the patio.  In fact, this lovely, large patio serves as fantastic advertising!  This fast casual restaurant for sale has been operating under the same ownership for many years, and they are now ready to retire.  This brings a fantastic opportunity to market for the first time.  

This fast casual restaurant for sale specializes in a specific kind of dish, a dish both terrifically delicious and high margin!  Cost of Goods Sold, at under 20%, is enviously low.  This establishment is known and renowned for this specialty, which constitutes much of sales. The restaurant rounds out the menu and brings in additional revenue with the sale of beer and wine.

Due to the menu and location, this fast casual restaurant for sale takes in significant revenue during the annual SXSW festival, when people from around the world converge on downtown Austin.  On a regular basis, it serves not only the many thousands who work downtown, but also the never-ending stream of tourists to our fair city.

This establishment has 10 full-time employees and 4 part-time employees.  This fast casual restaurant for sale closes early on most weekdays, making it less difficult for an owner / manager than many others on the market.  Or, making it potentially more profitable if a new owner changed the hours and chose to remain open longer. Rent, including CAMS, comes to about $5,000 per month, variable with the gross revenue.  

The owner is looking for the right person to take over this space and continue the tradition that has been built here.

Please click on the tab below to easily acknowledge confidentiality on this Fast Casual restaurant. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Dave Duce at 512-773-5272.

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7002
  • Price: $499999
  • Location: Austin
Lease Term: expires Dec 31, 2020
Monthly Rent: $5000-
Indoor Seating: 35
Inside Sq. Ft: 875-
Hood System: No
Hours Open: Monday thru Thursday - 7AM to 4PM Friday and Saturday - 7AM to 9PM Sunday - 8AM to 5PM
# of Part-Time Employees: 4
# of Full-Time Employees: 10
Net Sales: $825421.00
Owner Benefit: $184506

Features

  • Fast Casual Restaurant Downtown Austin!
  • Owner Benefit of $185,000!
  • Fantastic Location with Patio
  • Thousands of Residents and Tourists walk by every day.
  • This one won't last!
  • Fast Casual Franchise for Sale