Trendy Austin Bakery for Sale with high visibility and high-end Austin-brand neighbors!
This Bakery for Sale has a fantastic location, in an excellent area, on a well-known road, and less than a mile from the University of Texas at Austin!
Right now this Bakery for Sale by We Sell Restaurants sells variations of one signature item – delicious and Instagram-worthy. They are only open for 15 hours a week, meaning there is a tremendous amount of untapped capacity in this space.
The reason for this is the owner has two bakeries. During the pandemic, they decided to concentrate on the flagship store and to open this location for only a few hours a week. So they changed the concept and decided to open only from 8am - 1pm on Friday, Saturday, and Sunday. Amazingly, even with those hours this location never lost money! At only 15 hours a week, they did sales of over $190,000 in 2021 and well more than broke even.
Since this location was once a full service bakery, it could easily be one again. Take advantage of the current clientele, keep the concept, or change it to your own, and open for more hours and days. Bakeries have been in demand in Austin, and there is nothing else serving this area!
Right now, the kitchen has a proofer, convection oven, 2 table top fryers, a coffee machine, espresso maker, and more. It has a grease trap but no hood, as this was not needed for the bakery.
This 898 square foot establishment has rent of only $3,555 per month; the current lease ends in January of 2024. This is fantastic rent for Austin! There are also three dedicated parking spaces right out front, perfect for running up to get a quick baked treat. In addition, if your concept supports it, this location previously held a beer and wine license from the TABC.
It would be basically impossible to open a new bakery in Austin for $99,000, and with such low rent. To open a bakery “from scratch” you would need to: find a location (the right size, the right visibility, parking, non-insane rent); deal with lawyers to negotiate a lease; hire an architect, a contractor, and maybe a designer; oversee a build-out; pay for a full build-out; and go through the notorious City of Austin permitting process. All before you ever open or see any revenue.
Buying this location eliminates all that. It is a perfect size, has a great location and lease, is fully permitted, including the Certificate of Occupancy, and is already a bakery with positive cash flow. You can be up and running right away and spend the next year of your life actually running a bakery instead of trying to open a bakery.
This is a fantastic opportunity for someone who has been searching for the right bakery location!
Lease Term: expires January 2024
Monthly Rent: $3555,
Inside Sq. Ft: 898,
Hood System: No
Hours Open: Thursday - Sunday 8am - 1pm
# of Part-Time Employees: 4
# of Full-Time Employees: 2
Net Sales: $190000.00
Owner Benefit: $190000