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Italian Restaurant for Sale near Austin with $360,000 in 2019 Owner Benefit!

Very high cash flow Italian restaurant for sale in the Austin area! Amazing and Consistent Owner Benefit of over $360,000 in 2019! (The 2020 Owner Benefit dropped to just over $200,000, because of Covid.) Located on the busy main street of a town near Austin, Texas.  Now that the world is opening back up, and this favorite restaurant is perfectly poised to capture the coming boom!

This amazing Italian restaurant for sale has been in business over 12 years and is SBA eligible. With only 20% down, you could be the next owner-operator!  

This Italian restaurant for sale offered by We Sell Restaurants was created by the owners as the culmination of a life in food service, and it shows. The food is delicious and impeccable. The location itself has a fantastic atmosphere and a firm place in the community. It is only up for sale because the founding owners have decided to retire.

This restaurant is in a large, stand-alone building. It is impressive! The location is fantastic, right on the main traffic artery through a suburb of Austin that year after year is one of the fastest growing cities in the nation.  This restaurant is the kind of institution that locals see as part of their daily lives. Also, it is less than two miles off the main highway, and it has a parking lot right out front.

There is seating for an ample 136 patrons inside and another 25 on the patio. When this Italian restaurant for sale first opened, the owners were going to renovate an existing building on the property, but in the end they decided that to make it perfect, they had to build from scratch. As a result, the new owner will inherit a fantastic build-out in a space custom-made for this restaurant. 
 
This also means that the current owners will remain the landlords, which is a significant positive for any potential buyer. They have a large vested interest in keeping this Italian restaurant for sale thriving for years to come. Negotiations with landlords are notoriously intense, especially as rents have risen in the Austin area, so having the owners of the location also be the landlords eliminates a contentious pitfall in the path to a successful sale. 
  
Owning this Italian restaurant for sale would be very profitable, there is no doubt of that. It even made more than $200,000 during the year of the pandemic. But there is another dimension to this; this is a business to be proud of. Many online reviewers call it their favorite place to eat. It is the kind of place that you can recommend to your friends and be confident that they will thank you later.

This is truly a superlative listing. This location has amazing food, a great location, a long track record, increasing sales, an easy landlord, the capacity to grow, and a fantastic owner benefit. If you are looking for an Italian restaurant that has high sales and is high caliber, stop looking now and contact us to learn more.

Please click on the tab below to easily acknowledge confidentiality on this Italian 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.

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#: 8223
  • Price: $950000
  • Location: Georgetown

Lease Term: Negotiable (Seller owns the property)

Monthly Rent: $11000,

Indoor Seating: 136

Inside Sq. Ft: 3800,

Hood System: Yes

Neighboring Businesses: Historic downtown. Multiple boutique businesses nearby right next to a densely populated residential area.

Hours Open: Sunday - Thursday 1 1AM–9PM Friday and Saturday 11AM–10PM

# of Part-Time Employees: 14

# of Full-Time Employees: 8

Net Sales: $1114513.00

Owner Benefit: $194484

Features

  • Italian Restaurant with $360,000 Cash Flow in 2019
  • SBA Loan Eligible / Buy with 20% Down
  • In One of the Fastest Growing Cities in the Nation
  • Fantastic Food, Atmosphere, and Reviews
  • High Visibility on the Main Road
  • Italian Restaurant for sale