Price drop of $55,000!
Truly Impressive Second Generation Restaurant for sale West of Austin. HUGE OUTDOOR PATIO! This is a “wow” restaurant. It is large and well-located, and can be turned into any concept.
This is a huge, landmark location! This restaurant for sale
is located directly on the main artery and just off major highway through the area. It is in a prime spot serving Steiner Ranch, a massive planned community with a population of over 17,000. This is a very affluent area, with high disposable income, and this location draws patrons from all over the region. It is also near the main grocery store serving the area, in literally a can't-miss location.
This spacious Restaurant for Sale by We Sell Restaurants
has 3,500 square feet inside... and another 2,000 square feet on the massive patio. And it has a fantastic kids playground as well! (And half the families in Steiner Ranch have children.) Plus, the patio is shaded by a truly impressive old tree, making the space much more usable than if it were in full sun all the time, and there are already sun shades where they are needed. It is hard to overstate how impressive this property is.
The back-of-house is impressive here, too. This Restaurant for Sale comes with a gorgeous full commercial kitchen. It has a 16-foot hood, for example, and is capable of supporting a restaurant of this size and catering as well. This kitchen was a sizable investment, and it can be yours at huge savings over the original cost.
Monthly NNN is around $6,300-6,400. The rent payment, at about $14,000, will start when the COVID 19 situation goes down to Stage 2. This is when the five year lease would commence as well. This provides an amazing opportunity to open without yet having to pay the full rent, a very unusual situation.
This Restaurant for Sale provides a huge opportunity for a new restaurant to open for pennies on the dollar when compared to the cost of a build-out from scratch.Opening a restaurant of this size usually entails spending upwards of a year and $1 million dollars doing the build-out. By converting this space, you save a lot of time and a lot of money. Instead of spending so much up-front on the build-out, keep it, save it for cash flow, or spend some of it on marketing. Having extra for cash flow in the early months can be critical to the long-term success of a restaurant.
It is unusual to find a restaurant location of this size and caliber. If this is the kind of space you are looking for, look no further!
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