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Profitable Mediterranean restaurant for sale - fantastic rent!

Profitable Mediterranean restaurant for sale in Central Austin, Texas. Dine in, delivery, pick-up and catering. Located on busy North Lamar! 

This profitable Restaurant for sale is on track to make $115,000 in 2021! It is located on well-known North Lamar Blvd in Central Austin. This Halal restaurant has been serving tasty lunch and dinner dishes for five profitable years, and the owner is ready to move on. This creates a fantastic opportunity! For a qualified buyer, the current owner is willing to do some seller financing, or a partnership, making this the perfect situation for a new Owner / Operator!

This Mediterranean restaurant for Sale by We Sell Restaurants is located in a busy strip center right off Lamar Boulevard, one of the main thoroughfares through Austin. Take advantage of all the apartments, new homes, and office workers in the area. The center itself has many apartments, too, providing a fabulous built-in clientele. The restaurant space is an ample 1,500 square feet, with room for 28 seats inside and up to 10 seats outside.

This restaurant has a great location, yes, and a great lease, too! This Restaurant for Sale, offered by We Sell Restaurants, has a fantastic lease in place that can be assigned to a new owner. The NNN lease, is $4,391 per month and includes all CAMS, insurance, taxes, AND utilities. The current lease expires in October 2025, and there is one five-year option to extend the term. 

This Mediterranean restaurant has a menu of fresh, delicious dishes. From gyro to hummus, from wrap to plate, this restaurant has is figured out! Social media pictures of the dishes are fantastic, and the restaurant has many repeat customers. This Restaurant for Sale is currently open six days a week, from 9am to 9pm. They are closed on Sundays.
  
This fully-equipped Restaurant for Sale has everything you need to be successful. The equipment package includes an eight-foot exhaust hood, deep fryers, a six-foot grill, prep tables, commercial refrigeration and a freezer, and much more. As an operating restaurant, it has a current Certificate of Occupancy.

THIS IS A MONEY-MAKING BUSINESS FOR AN OWNER OPERATOR! This is a profitable, turn-key restaurant, in a great part of Austin, and it is priced to sell. Don’t Miss out!! Call your We Sell Restaurants Broker today!
 

Please click on the tab below to easily acknowledge confidentiality on this 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#: 8535
  • Price: $250000
  • Location: Austin

Lease Term: expires October 2025

Monthly Rent: $4391,

Indoor Seating: 28

Inside Sq. Ft: 1500,

Hood System: Yes

Hours Open: Monday - Saturday 9am-9pm closed Sundays

# of Part-Time Employees: 1

# of Full-Time Employees: 2

Net Sales: $316951.00

Owner Benefit: $91399.74

Features

  • Profitable restaurant located on busy North Lamar in Central Austin.
  • Central location near new apartments, homes, and businesses.
  • Seller financing or partnership will be considered.
  • Change the concept with landlord approval.
  • Make your offer today, call me at 512-773-5272.
  • Restaurant for Sale