2nd Generation Restaurant Space for Sale available in South Austin for $39,000 - make an offer today!
This is a unique opportunity for the savvy buyer to get in on the ground level on this 2nd generation Restaurant Space for Sale
available in South Austin. This location can handle almost any type of restaurant. The current owner originally intended it to be a fast casual concept, but for personal reasons he has decided to sell at this very early stage, before the build-out is even complete. This unusual situation allows you to get in for pennies on the dollar!
Since the build out right now ongoing, a new owner has complete control in how the space is finished. The equivalent of $130,000 in Tenant Improvement money has come from the landlord, about half in cash and half in free rent. Currently the Restaurant Space for Sale has a brand new walk-in cooler and brand new air conditioning. Also, a new freezer and new 3 compartment sink. And the grease trap and twelve foot vent hood will be installed shortly. This is new construction offered by We Sell Restaurants
for almost no money. You can take over the administration of the build out, or finish it yourself.
This Restaurant Space for Sale is perfect for someone who wants to expand their already-successful concept for comparatively little money. Or if you're just starting out you can build out your dream restaurant. And it's almost done! Avoid the months of finding a space, negotiating, getting a favorable lease, pulling permits, bidding on construction. You can hop over all that time and expense!
This is in a very high traffic area in South Austin. It is located near one of the largest retail areas, with a high school almost next door, and apartments and homes very close by. The rent at this Restaurant Space for Sale is a very reasonable $4,000 per month including NNN for 1200 sq ft. The lease is good for 15 years - a 10 year term with one 5 year option. The lease is fully transferable to a new tenant. The equipment, build out, and the free months of rent are already paid for!
Please click on the tab below to easily acknowledge confidentiality on this 2nd Generation restaurant for sale. 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.
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